[Husker] Accountability

[Kenneth McKillip]

Notice what has happened at Merryl-Lynch (last week) and Citigroup (today).
Both CEO's were terminated.  I'm sure they weren't the guys directly running
the fixed income departments.  But they were the one who should have seen
the big picture.  Buying a lot of no down payment, teaser rate, sub-prime
paper was a huge risk.

 

Their successors will get the message that they are accountable if anything
like this happens again.  That is why heads rolled.

 

P.S. - To those that think firing Frank was the right thing.  Stoop's got
"smoked" by K St that year too.  The facts are that Frank was the 5th
winningest coach in the nation.  Two time BigXII Coach of the year.  Took us
to the NC game.  Had the best team in the nation in 1999 and won the Big XII
CG.  Beat OU, Notre Dame, Tennessee, etc.  Had a brilliant new staff.  We
are looking at two of his assistants as possible Husker head coaches.
Represented consistency and retention of proven learnings and had basically
given the best years of his life to NU.  He was in it for the long haul.  At
10-3 his new staff deserved more than 9 months on the job.  Detractors seem
an awful lot like the hyper-impatient internet age fans that destroy
programs.