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Originally Posted by PhrozenGenius
Anyways, what do you think should be the next step as far as this situation is concerned? What should the Board of Regents and FAMU do to correct this problem?
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Way to get back on track.

I believe they are hiring an accounting firm to take a look at the situation and attempt to make some recommendations. I think the Board of Trustees (no longer BOR) for the University needs to give the administration a reasonable time period to clean house. There is a new administration coming in this summer, and I think an opportunity needs to be give it to assess the situation and together with the accounting/consulting firm develop a short term and long term plan to fix this issue and ensure it doesn't happen again, respectively. There is too much history surrounding the school to close its doors and alumn are not going to let that happen.