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Why aren't they selling the house to ΓO for a dollar? Because the profits off this sale might save another chapter from the same fate down the road. That is to say that if LCAP can capitalize on this deal, where they have a strong offer on a great property, then the profits from it might keep LCAP from having to sell another house in a hurry, which might allow another chapter to keep their house. Why sell the ΓO house and not another to help ΓO keep theirs? 1. the house is valuable and 2. the chapter will survive, they have a strong presence on campus. Other chapters don't have those two benefits to LCAP.
Is it fair? No. Is it the line you'll hear from HQ? Doubtful. In fact, I've never heard this "benefit" espoused by anyone on the GHZ or HQ staff. It is, however, one of the few sensible lines of reasoning that would explain why LCAP and HQ are acting in this manner.
Sorry, ΓO - my heart goes out to you guys.
Bottom line: ΓO is a lamb to the LCAP slaughter, but they might help another chapter avoid the same fate.
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Sigma 1844
Michigan '08
"That which is worthwhile is difficult."
Last edited by Sigma1844; 03-03-2010 at 02:40 PM.
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