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Date Posted: 21:43:07 07/08/17 Sat
Yes...just got back thank you..Shanghai and Beijing. No they don't have college coaches who make 6x but they do have a kleptocracy where people solely thru connections to a Communist Party became billionaires. Please explain what the bird's nest is being used for...please refute the alarming debt load the country has and the thousnds of crappy companies that are bankrupt but are being propped up by bad loans..every company I saw over there was barely making any money yet wanted to be valued at book in merger context...that place is a powder keg waiting to explode unfortunately.
As a tech exec you should know that they haven't developed anything on tech side...they steal it. Maybe they should pay college coaches 6x the President if in exchange they create a functioning capital markets, bankruptcy law and develop as opposed to steal innovation.
Plus as regards Sandusky, I could see the sports angle except older men praying on your boys and girls occurs far too often to say PSU was blind do to sports obsession. For example, Horace Mann, Poly Prep, Exeter, St. George's, St. Paul's all had similar issues...were those due to over-emphasis on sports? Unfortunately, administrators ignored these reports whether it was a defensive coordinator or a French teacher. Repeatedly calling out PSU when it also occurred in the rarefied halls of just about every boarding school does seem to indicate that you have an agenda to push against PSU and sports in general.
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