New Katz tweet on Sidney.

[DawgatAuburn]

<span class="status-body"><span class="entry-content">Don Jackson, Renardo Sidney's attorney, just sent out a blast text saying NCAA still hasn't found a violation after interviews in LA, Miss.

ETAsk: Is this NEW? They never have found a violation but maybe after this last round of interviews, SOMTHING will happen.

ETA Second Tweet:

</span></span><span class="status-body"><span class="entry-content">Jackson said NCAA requested follow-up interviews with the Sidney family next week, pushing his eligibility decision assuredly into 2010.

crap crap crap
</span></span>

 

[DawgatAuburn]

<span class="status-body"><span class="entry-content">Don Jackson, Renardo Sidney's attorney, just sent out a blast text saying NCAA still hasn't found a violation after interviews in LA, Miss.

ETAsk: Is this NEW? They never have found a violation but maybe after this last round of interviews, SOMTHING will happen.

ETA Second Tweet:

</span></span><span class="status-body"><span class="entry-content">Jackson said NCAA requested follow-up interviews with the Sidney family next week, pushing his eligibility decision assuredly into 2010.

crap crap crap
</span></span>

 

[birdZdawg]

"Attorney Don Jackson says that NCAA wants additional interviews with Renardo Sidney's family."

"Also said NCAA interviewed people at an L.A. lending institution, asking why bank would make loan to Sidneys."

 

[FlabLoser]

"Attorney Don Jackson says that NCAA wants additional interviews with Renardo Sidney's family."

"Also said NCAA interviewed people at an L.A. lending institution, asking why bank would make loan to Sidneys."

I see where this is going.

Bank: "We made loans because we believed his future net worth would support the loans. It made business sense to establish a banking relationship with the Sidneys."

NCAA: "BZZZZT!!! Wrong answer. Mr Sidney is ineligible."

 

[AgDawg]

Wow they have spent a lot of money on this case to at least not have some kind of violation. Also the Sidney's are coming off to be pretty good in keeping up with their finances.

 

[thunderclap]

.

 

[dawgstudent]

[No message]

 

[chewgumm]

I mean the NCAA is baffled.

 

[dawgstudent]

just let the NCAA have an eligibility issue with one of your children. You can be debt free in 2 months.

 

[ckDOG]

"Also said NCAA interviewed people at an L.A. lending institution, asking why bank would make loan to Sidneys."

I hope the banks gave the NCAA a big 17 - YOU when they asked about their business practices. How does the NCAA think they can just waltz into a private business and demand to know why they loaned money to the Sidneys? Do they go in there and flash an NCAA badge and demand answers like a Hollywood Cop?

 

[MaverickAG]

.</p>

 

[DerHntr]

family a loan?"

that is some of the most retarded ******** i have seen yet on this ordeal

 

[DerHntr]

/baby steps

 

[fishwater99]

The NCAA could only get away with this ******** with MSU. Imagine if Sidney was at UK or UNC. He would have been playing since day one. This is the biggest runaround and it will last the whole damn season. You have to be kidding me.</p>

 

[buddawg]

They longer it takes the more he makes</p>

 

[MaverickAG]

.

 

[Bdog9090]

It's baffling to me how they can justify this.

It really is looking more and more like they really can't find anything on him. I don't give a **** out dirty they think Sidney is. They obviously have no proof. I don't understand what another round of interviews is going to do other than delay what is looking like his inevitable clearing. It's like they are saying, "We think your dirty as ****, but we can't find anything, so we are just going to interview everyone and anyone remotely associated to you and make this last as long as possible."

 

[DowntownDawg]

....if they loaned them money based on Renardo's potential to earn money as a basketball player, then he is not considered an amateur anymore. I wonder what the banks said.

 

[seshomoru]

"Attorney Don Jackson says that NCAA wants additional interviews with Renardo Sidney's family."

<span style="font-weight: bold;">"Also said NCAA interviewed people at an L.A. lending institution, asking why bank would make loan to Sidneys."</span>

Damn. I'm pretty sure that you can only do that if you work the FDIC, OCC, or are work at the bank in a lending, loan review, or credit analysis position. I certainly hope the NCAA didn't go show the Sidney's financial information to a bank. Or maybe I do, that would pretty much have to lead to sweeping overhauls and regulation of the NCAA.

 

[graddawg]

for any loan they received. But how is that any different than a good majority of the loans banks were writing during that time?

 

[seshomoru]

Well, let me phrase that carefully. I sure as hell wouldn't have lent them the money without the signature of every single one of my superiors. But hell, if a loan officer thinks the family can pay back the money one day, then what exactly is the problem? That's not illegal, that's not compensation, and it doesn't involve an agent. It involves a bank seeing a bank seeing an opportunity to make a profit by lending money to someone who will pay it back.

 

[jackobee]

The days of no credit check, no income verification and ending in TARP.

 

[AdamDawgDude]

for any loan they received. But how is that any different than a good majority of the loans banks were writing during that time?

"Fairness in Lending Act--what are you gonna do?"
-my banker response

 

[graddawg]

Well, let me phrase that carefully. I sure as hell wouldn't have lent them the money without the signature of every single one of my superiors. But hell, if a loan officer thinks the family can pay back the money one day, then what exactly is the problem? That's not illegal, that's not compensation, and it doesn't involve an agent. It involves a bank seeing a bank seeing an opportunity to make a profit by lending money to someone who will pay it back.

It is absolutely a violation for a recruit, or his family, to receive a loan on the basis of his perceived ability to pay it back from his future earnings, assuming those future earnings are expected to result from playing professional athletics.

 

[BCash]

Our country's economy is in shambles because banks were making outrageous loans to people that had no business getting loans. Yet, the NCAA acts like this is some unheard of practice. If I were the Sidney's, or hell why not MSU, I'd hire a publicist to start making this **** front page news. This is ridiculous. John Wall get CAUGHT, and he gets cleared. But they can't find **** on Sidney so they basically suspend him.

 

[DerHntr]

</p>

 

[seshomoru]

Well, let me phrase that carefully. I sure as hell wouldn't have lent them the money without the signature of every single one of my superiors. But hell, if a loan officer thinks the family can pay back the money one day, then what exactly is the problem? That's not illegal, that's not compensation, and it doesn't involve an agent. It involves a bank seeing a bank seeing an opportunity to make a profit by lending money to someone who will pay it back.

It is absolutely a violation for a recruit, or his family, to receive a loan on the basis of his perceived ability to pay it back from his future earnings, assuming those future earnings are expected to result from playing professional athletics.

I didn't say the loan officer had to make the decision based on future earning potential. I just said he had to make because they thought they would pay it back. If the FDIC asks, you better be able to show how. If your boss asks, you better be able to show how. If the NCAA asks, you should keep your mouth shut unless you feel like breaking the law. If you do have to say something, a simple "I thought they could pay it back" would be all that was needed. You sure as hell can't pull out a customer's financial statements and loan documents and show them to anyone who isn't an employee of the bank or an examiner. The NCAA sure as hell can't go into a bank and show them somebody's financial information and ask for a pseudo loan decision.

 

[jcdawgman18]

nm</p>

 

[jackobee]

and have never seen the sense in that particular rule as it regards amateur status. What business is it of the NCAA what criteria a banker uses to determine whether or not he is going to approve a mortgage. It's between the banker and the family.

Now if it were loans from universities or alumni - I can see the concern of the NCAA.

 

[AROB44]

nm nm

 

[saltybulldog]

17 YOU!

edit: Well, if I cannot cryptically use the "f" word at least line it up better.

 

[seshomoru]

Banks aren't going to just lend money out to any prospect all the time, even if the bank president is the school's biggest booster. You may think, sure they'd use the bank money to lend $100k and take the loss, no big deal. Well it is a big deal to examiners, shareholders, and ethical employees would call bull ****. Most importantly to examiners. That **** would get caught extremely quick. Even smaller loans would get caught in when examining charge offs. Anything shady would get caught.

 

[graddawg]

I agree with most of that. I just thought you were saying it wasn't "illegal" from the NCAA's point of view.

 

[DerHntr]

[No message]

 

[Hildreth00]

Jackson needs to **** or get off the pot. Just throw down the lawsuit gauntlet. The NCAA is not going to let Sidney play this season. He might as well start proceedings for a lawsuit and watch their asses squirm.

 

[cwc73]

If the NCAA doesnt make up some false statements from some random banking official, and decide to rule him eligible, could he be awarded another year of eligibility? I dont know if he would want to attend college for another year, but has that ever happened?

 

[TaleofTwoDogs]

a member institution's athletic team should not benefit from an athlete who has played at a semi-pro or pro level in his chosen sport. Obviously this would create an unfair advantage against the other members of the ncaa and is therefore a reasonable rule. The other side of the coin is that accepting compensation (cash, housing, loans, etc) would in theory induce an athlete to choose the offering school. So, how does this affect Sidney:

1) did he play at a pro level: no

2) did he accept money or other "compensation" to play for MSU: no

So where is the unfair advantage? How can his amateur status be in question, he has not played at a pro level and he has (or his family) has not taken any direct inducements to play for his current and only school, MSU.

This is beyond fair play by the ncaa - its like a cop giving a speeding ticket for going 1 mph over the limit out in the middle of nowhere. Good form but has no real substance.

 

[tossedoff]

First the Ninja, now Neo.

 

[Center Z]

His name is Mike Glazier. What baffles me is that he is involved and this **** is still unresolved. His rep as a fixer is unmatched. But I assume his role is to make sure State comes out squeaky clean if Sidney is ruled ineligible.

 

[JohnDawg]

<span class="Apple-style-span" style="WORD-SPACING: 0px; FONT: medium 'Times New Roman'; TEXT-TRANSFORM: none; COLOR: rgb(0,0,0); TEXT-INDENT: 0px; WHITE-SPACE: normal; LETTER-SPACING: normal; BORDER-COLLAPSE: separate; orphans: 2; widows: 2; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px"> <span class="Apple-style-span" style="FONT-SIZE: 12px; FONT-FAMILY: Verdana, Arial, Helvetica, sans-serif">as a banker, I can tell you that this statement:

"Also said NCAA interviewed people at an L.A. lending institution, asking why bank would make loan to Sidneys"

is ILLEGAL. There's something called a Privacy Disclosure that goes along with every type of loan. Only way this information gets released is if this goes to court and is subpoenaed. If this lending institution gave answers to the NCAA, the Sidneys could sue the **** out of that institution.</span></span>