Huh?

[UCFPhiDelt]

This is something that everyone in the greek system should take seriously. I find myself usually disagreeing with DeltAlum but on this issue we agree. The days of old will be brought to an end by the courts before it is ended internally. I fully believe at some point we will see a national fraternity or sorority bankrupted. I am not sure if most of you know how much your orgiz. are worth. I don't mean its personal worth; I mean it's cold hard cash dollar worth. Some of the largest groups (about 10 greek orgiz. total) could "live through" a $10 million dollar verdict. The rest of the groups, to which many of you belong, would cease to exist. Many of you have posted that you're national orgiz. could keep the case tied up in the courts for years or that your alums will bail you out. I would not bet on either of those being true. You may get lucky, but even if your orgiz. stays a judgment for five years, do you think your group could come up with an extra $2 million a year to pay off these costs? Almost none of your orgiz.'s could come up with the cash.

I don't like the idea but it would make a strong point to all of us, if a judgment of this type occurs. Even a "small" $5 million dollar verdict would cut to the bone. The question to me is not if it will happen, but when. I just hope to god it's not Phi Delt.