Quote:
Originally Posted by lxa29
This is a sad occurence for our chapters who now face a tough problem with figuring out how to financially sustain their houses. However, I don't think there is an easy answer for this. Something has to be done and wether i like the outcome or not I think our HQ is doing the best it can given the circumstances. I read some of these posts and to me it almost paints a picture a bunch of evil people in Indy who are out to make a buck and screw all of our brothers over, which i know is not true. Tough choices have to be made, unfortunate mistakes have occurred in the past, but they are doing whats best for the fraternity as a whole, please try and keep that in mind. Wether you agree with the outcome or not, I am pretty sure alot of thought and attention went into the desicion to get rid of LCAP.
"Its easy to shout from the back of the bus when your not in the drivers seat."
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Okay LXA29, I can agree to disagree on some points you made.
Yes, I learned over a period of time that while LCAP seemed to be a great idea it turned out to be a big mess.
Yes, there is a new group in place at IHQ that I have more respect for than I have had for a very long time. I have worked with them and seen what they have done to cut back expenses and get us back in line so there can be expansion of either new colonies or going back to those closed over the years. Bill and Biff both explained that was this they felt was the best effort and a two pronged attack which makes sense.
I am not really sure how many houses are in jepordy of being lost as that has not been reported to my knowledge. We only know of a few that we have seen on here, but they could be still a major part of LXA.
It has and still my proposal tht they while act as landlords, the payments come to them to keep paying off the mortgages until at the time a Alumni group and take them over. Not just try to seel the houses back at inflated prices that were beyond their control.
As GammaZeta pointed out there seemed to be little oversight from what I have seen and heard.
One of the jewells was at the Un. Ak which the Zeta now owns again.
But, what of the others?
Am I soured over this, yes I am and I still feel that more could be done to keep those Zetas alive and in house.