So it may be too early to speculate on the future of the Fiesta Bowl.
At least that’s what Bill Hancock, executive director of the BCS, says.
Oh, by the way…
What is “Fiesta Frolic”?
And the BCS has created a seven member task force to review the allegations against the Fiesta Bowl.
Speaking of the report, I’m slowly going through it. There’s some stuff I haven’t seen reported yet. For example, someone seems to have been a gold bug: there’s an estimated $22,300 worth of gold coins (including $20 gold pieces “ranging in date from 1877 to 1924”) that are supposedly in the possession of the Fiesta Bowl. (I do not see anything in the report, though, that states possession of those coins was actually verified.) In addition, the bowl apparently paid for subscriptions to:
- The Fractal Market Report and The Fractal Gold Report.
- The Shadow Government Statistics newsletter.
- Grant’s Interest Rate Observer.
- Innovomark, which appears to be some sort of marketing consultancy. “The central theme that links all of the products and activities of the company can be concisely described by the formulation of ‘Strategies’ and execution of the appropriate ‘Tactics’.” Yes, that’s a direct quote from their website. No, I don’t know why they put “strategy” and “tactics” in quotes.
- Le Metropole, “where the real gold story has been told for the past 12 years by Bill Murphy, the Chairman of The Gold Anti-Trust Action Committee (GATA)”.
Note that all of these were personal subscriptions for former CEO John Junker, for which he was reimbursed by the Bowl (according to the report).
I’m also amused by the discussion of payments to someone identified in the report only as “Person X”. Mr. “X” was apparently being paid somewhere around $40,000 a year (the amount varied from year to year, but $40,000 seems to be a good average) plus six tickets to the game. And nobody knows what he did for that money. Literally. That’s a direct quote from the report: “I don’t know what he does. Kelly doesn’t know what he does.” The Arizona Republic has managed to identify Mr. X.
Honesty compels me to note that Mr. Junker seems to have been a notable Republican contributor, mostly to AZ politicians like John McCain.
These donations may have been from his own pocket, but if he was illegally reimbursed that would make it a federal felony…
The PDF of the report is frustrating, because you can’t link to specific sections within it (or cut and paste from it).
However, there is a list of politicians who received contributions that were reimbursed by the Fiesta Bowl. That list includes McCain and the Arizona Republican Party.
I have not gone through the list to check the affiliations of the other folks listed, but I will try to do that tonight and post the results.
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