Remember that $165M that Boone Pickens gave Oklahoma State?

[knapplc]

Yyyyyyeeeeeaaaaahhhh. I've got good news and I've got bad news. The good news is, they can't take away our pride. The bad news is, they CAN take away the $165 million I donated to y'all.



In what can only be considered a stunning turn of events, the record $165 million that Boone Pickens donated to Oklahoma State University's athletic fund, which ballooned up to over $300 million when oil prices soared, has recently crashed SO MUCH that it's not only all gone, but some reports indicate that OSU is now $200 million in the red.

How someone can be a billionaire, yet still mismanage money to such a degree, is astounding. Simply astounding.

Here's an article on the debacle.

[HskrPwr13]

I hate to laugh at financial misfortune, but, Damn! They didnt think to sell near the peak and "live" off of the interest?