Professor Elam

UT hires former TCU Coach Gary Patterson

Wed Jan 19 2022

Long time UT Football Coach Darrel Royal used to say

Dance with the one that brung ya

In short do not cast aside your date for another at the dance

More broadly, show some loyalty to another whose long tenure has made you proud.

I see UT Austin has hired former 22 year TCU Coach as a Special Assistant.

from wiki

Gary Allen Patterson (born February 13, 1960) is an American football coach and former player. He is the former head football coach at Texas Christian University and the winningest coach in Horned Frogs' history. Patterson has led the TCU Horned Frogs to six conference championships—one Conference USA title in 2002; four Mountain West Conference titles in 2005, 2009, 2010 and 2011; —and nine bowl game victories—including victories in the 2011 Rose Bowl and 2014 Peach Bowl. His 2010 squad finished the season undefeated at 13–0 after a 21–19 Rose Bowl victory over the Wisconsin Badgers on New Year's Day 2011, and ranked second in the final tallying of both major polls.

but after a  3-5 season in  2021, TCU dropped him. Talk about a fair weather friend. What does this say about TCU ethical behavior.

In August 2016, TCU announced Patterson's contract had been extended through 2022, with an annual base salary of $4.75 million.^[11] The Frogs went 6-7 (4-5) in 2016 losing 31-23 to Georgia in the Liberty Bowl. In 2017, TCU opened with a 63-0 drubbing of Jackson State. They dismantled Arkansas 28-7 in Week 2. In Week 3, the #20 Frogs beat SMU in the Iron Skillet Rivalry 56-36. In week 4, the #16 Frogs upset #6 Oklahoma State 44-31 behind a 31 carry 160 yard 3 TD performance from HB Darius Anderson. Next, the #9 Frogs won 31-24 over #23 West Virginia in a game in which QB Kenny Hill had a passing, rushing, and receiving TD. #6 TCU then won 26-6 over Kansas State and moved up to #4 with a 6-0 (3-0) start. They shutout Kansas 43-0 to be 7-0 (4-0) and leading the Big 12. However, in Week 8 they lost 14-7 to #25 Iowa State dropping to #8. They beat Texas the next week 24-7 moving up to #6, but they lost 38-20 to #5 Oklahoma. TCU bounced back by beating Texas Tech 27-3 in which Kenny Hill didn't play. In Week 13, the #12 Frogs beat Baylor 45-22 to finish 10-2 (7-2). They made the inaugural Big XII Title Game as #11 but lost 41-17 to #3 Oklahoma. They dropped to #13 and were selected to the Alamo Bowl against #15 Stanford. TCU beat Stanford 39-37 to win the Alamo Bowl.

Patterson and TCU mutually agreed to part ways on October 31, 2021, after a 3-5 start. At the time of his departure, he was the second longest tenured coach in the FBS with one program, only behind Iowa's Kirk Ferentz.

 

His entire TCU record is here

https://en.wikipedia.org/wiki/Gary_Patterson

Heartland Group raises $122 M in Permian Basin Fraud Scheme

Monday Jan 17 2022

Heartland Group Ventures raised $122 M form 700 investors in a Perminan Basin Ponzi scheme.

The original complaint was filed in December, detailing how Heartland and its affiliates used five unregistered security offerings to fund projects they claimed would bolster existing wells or drill new ones in Texas. 

 

I am amazed that such investors would not hire an external CPA to check out the validity of such a venture before investing. I have made presentations on such schemes to SA IMA, CPA , IIA

 

 

 

 

Another Frack Sand Fraud

Monday Jan 17, 2022

Marco Sully Perez has been charged with a ponzi scheme to defraud veteran infestors.

Amazingly this is the same outline as Four Winds Logistics  which sent former State Senator Carlos Uresti to jail.

This scheme garnered $9.25 M for Sully.

 

Bookkeeper Steals $1.7 M

Weekend Jan  8 2022

A Bookkeeper at Shelton and Valadez law firm hstole $1.7 M over ten years.

As in the Centro case, she apparently had control over receipt and disbursement of funds.

She wrote checks and used firm credit cards to obtain funds.

Here's the kicker, after being fired she fraudulently claimed unemployment from the State of Texas. Bond was revoked and she is back in jail.

NFL Players off to Jail for Health Care Fraud

Friday Jan 7 2022

Clinton Portis sentenced to six months jail for defrauding an NFL Fund.

A fund was created to re-imburse NFL players for health care expenses. Robert McCune identified elgible players and submitted false invoices

to the fund on their behalf. The players received kickbacks from the payments. This involved 15 players who managed to obtain $2.9 million.

Rundown on Holmes Convictions

Wed Jan 5, 2022

Here is a good summary of the verdicts in the Holmes' cse.

Apple is planning a movie based on the book Bad Blood.

 

 

 

MIlitary Housing Firm to pay $65 M Fine

Dec 24 2021

Balfour Beatty Employees pressured to falsify records.

Balfour Beatty to pay $65 M fine for lousy work

A New Industry - How to prepare for Prison

Tuesday Dec 21, 2021

A former stockbroker who served time for securities fraud has started White Colllar Advice.com

The USA is a small percent of the world population but we have  25 % of the world's prison inmates, thank you War on Drugs.

Interesting that there is a market for prison advice.

 

NFL Paycheck Fraud Sentencing

Weekend Dec 11 2021

This space recently covered scams by both NFL and NBA players via the Paycheck Protection Program.  Joshua B ellamy a former Chicago CXXears player

was among 11 people charged in a  $17 M  + fraud scheme. He is sentenced to 337 months in Federal Prison.

The Cpurage to Banish Black Friday

Tuesday Nov 23, 2021

this firm sells firearm accessories and modifications. Interestingly the firm decided to eliminate Black Friday discounts due to the complaints of timing. All I can say is good for you. As he states we have no desire to be a discount company.

This is very much in the spirit of Deming's Total Quality Management

 

Dennis Elam

 

Our Perspective On Black Friday Deals First, it was Black Friday. Then they added Cyber Monday. And now if you're anything like me, your email inbox has been filling up with "Black Friday" discounts and promotions since well back into October. It seems to no longer be reserved for the day after Thanksgiving, but has now become standard operating procedure for deals to run all the way through Christmas. It's almost a guessing game of when to buy, hoping you don't miss out on an even more significant discount. As much as I hate to admit it, we've felt obligated to offer a similar sale over the last few years. Initially only offering a discount on Friday but then extending that out from Wednesday through Monday and then field calls and emails asking for concessions on orders placed just before or just after the promotional period. As a company that doesn't view itself as discount-driven, this never felt right. In a way, it almost felt like those customers that placed their orders for the holidays early were almost being "penalized" for doing so. Did these promotions drive sales? Absolutely, they did. However, we want to be about more than just one sale to a customer. For this reason, we will no longer be offering a "Black Friday" promotion of any kind. I am sure this will disappoint those that hold out for a discount, and we can respect that. Ultimately we feel that our customers would prefer a premium product more than a discounted one. There's a sense of pride in manufacturing our products, and once that word "discount" or "sale" enters the conversation, it can adversely affect our end goal. As a sidebar to this, if you see discount coupons or codes being offered on other sites for our website, please know that these are fraudulent. The only discounts our company provides is to our active and retired military and law enforcement members as well as products currently listed on our Clearance page. We also offer year-round free shipping on all orders of $200 or more. Committed to Building it Better,

This email was sent to dennis.elam@att.net