Boycott Big Red Sports and Imports!!!!

[OklahomaTuba]

They have royally screwed OU over.

Close their asses down.

[BigRedJed]

Just an FYI, since this investigation began that dealership changed ownership AND general managers.

[OklahomaTuba]

f'em anyway.

That place needs to be made an example of.

And if that old general manager is still in the state, that needs to change.

[Texas]

big red AGAIN?

[Partial Qualifier]

Isn't "that old general manager" the assclown who did the commercials???

[85Sooner]

Definitly BOYCOTT their a$$e$

[Boomer.....]

The old manager, Brad Mccray, who did the commercials (with the mullet) doesn't work there anymore. He was fired a while back.

[OklahomaTuba]

How nice would it be if Al Eschbach does a remote from there today.

Might give me a good reason never to listen to them again.

[JohnnyMack]

Fu*k Big Red Sports & Imports.

Somebody go throw some cinder blocks through their windows.

[jackietreehorn]

yeah, so for those pansies that drive Kia's, get 'em somewhere else.

[OklahomaTuba]

Fu*k Big Red Sports & Imports.

Somebody go throw some cinder blocks through their windows.

Nah, just ignore them like they don't exist.

If an ad comes on the radio or TV, turn it off.

While driving past it, look away.

Let the ****ing place close. Its been a pox on OU for sometime now. No reason to believe that will change just cause the GM got fired. Make an example of those ****ers, so the lesson is learned. You do stupid ****, and you pay dearly for it.

[bri]

YES, RIOT!!! GRRRRRR!!

*********s. :rolleyes:

[SOONER44EVER]

The one to blame is Bomar. He took the money and knew the consequences.

[LilSooner]

I believe the Mcray is now over at fowler. I know that they brought over a ton of people from Big Red.


BOYCOTT FOWLER!





























heh.

[Boomhauer]

Hey Bri, pick me up in Claremore and we will go down in front of BRSI and picket the stupid place! You got a thong don't you! I will bring the chicks in bikini's!

[CORNholio]

Nah, just ignore them like they don't exist.

If an ad comes on the radio or TV, turn it off.

While driving past it, look away.

Let the ****ing place close. Its been a pox on OU for sometime now. No reason to believe that will change just cause the GM got fired. Make an example of those ****ers, so the lesson is learned. You do stupid ****, and you pay dearly for it.

I will but a certain finger will be looking in their general direction for now on.

[TXBOOMER]

The players are to blame but, so are the boosters! Boycott their Arse!

[NormanPride]

Cover the roof with birdseed. :mad::mad::mad:

[tbl]

Their phone number isn't working... They're probably wetting themselves about now.

Whatever happened to the good old $100 handshake? Why bring timecards and wages into it?

[Pricetag]

The one to blame is Bomar. He took the money and knew the consequences.
True. Bomar would have found some other way to f up.

However, this is twice with these guys in rapid succession. They're sleazebags.

[mrowl]

did they work there this past spring and summer? or in '05?

[OklahomaTuba]

The one to blame is Bomar. He took the money and knew the consequences.

Sure he is, and he is paying for it as we speak.

But how is Big Red Sports and Imports paying for it? Even if the ownership has changed, a lesson needs to be learned.

Remember this little incident?

NORMAN, Okla. – Oklahoma running back Adrian Peterson did not violate NCAA regulations by buying a car and returning it several weeks later, the school's compliance department has determined.
Peterson, the runner-up for the 2004 Heisman Trophy, secured a financing agreement and drove the car for several weeks last winter but then returned it, said Bonita Jackson, Peterson's mother.


“We were gonna purchase the car, but the payments were gonna be too high, so we took the car back,” Jackson told The Oklahoman, which first reported the story Wednesday.
Oklahoma officials determined Peterson did not receive an extra benefit that is not available to the general student body.

“Federal law pertaining to students prohibits the discussion of internal reviews in specific terms, but we did initiate a review pertaining to an automobile dealership and its interaction with a student-athlete,” Oklahoma associate athletic director Keith Gill said in a statement. “We have pursued the matter in exhaustive fashion over a five-month period. Based on the information we have gathered, we do not believe NCAA rules violations have occurred.”

The dealership, Big Red Sports and Imports, regularly allowed customers who signed contracts to drive the cars for a period of time before financing had been secured, said Brad McRae, the dealership's part-owner at the time of Peterson's agreement.

“We didn't do anything wrong,” McRae said. “Is it standard operating business practice? Yes, it's standard operating business practice.”

Peterson's stepfather said his family is committed to keeping Peterson eligible for football.

“This is our child's future,” Frankie Jackson said. “We don't want anything to happen to him because of some silly car deal. We're not going to do anything to jeopardize his future.”

Oklahoma also investigated the employment of football players by the dealership but found no violations.

http://www.signonsandiego.com/sports/college_football/20060419-1301-fbc-oklahoma-petersonscar.html

[soonersam]

one of the partners quit and sold out last month...

[SOONER44EVER]

Does Jason have any eligibility left?

[JohnnyMack]

YES, RIOT!!! GRRRRRR!!

*********s. :rolleyes:

Not a riot, but it does suck that there isn't someway to hold Big Red/McCray responsible for allowing this to happen. Sure Bomar took the money, but BRS&I should have NEVER done it in the first place. I know it's naive to think it won't happen, but it just sucks.

[Petro-Sooner]

Its all Nate Hybls fault. Damn him.

[BigRedJed]

Guys, the new owners have nothing to do with this. Sorry to be the voice of reason in a lynch mob, but they don't. The new owners are the Hudiburg Auto group. Are you going to organize a boycott of Hudiburg? Seems a little pointless.

The genius in this is the guy who owned that dealership, found out what was going on, fired the general manager, and sold out to Hudiburg. He saw the handwriting on the wall. Do you think this investigation started this week?

The people who were apparently involved in this are not only no longer working for the dealership, they're no longer welcome on the property. I feel bad for the new owners, personally. They didn't do anything wrong, and yet they'll be paying the price for someone else's wrongdoing.

I just think if you're going to target someone for economic sanctions, maybe it should be the correct someone.

Look for the name of that dealership to change really soon.

[SoonerBBall]

Its all Nate Hybls fault. Damn him.

Paging Soonerus...where art thou?

[OklahomaTuba]

Guys, the new owners have nothing to do with this. Sorry to be the voice of reason in a lynch mob, but they don't. The new owners are the Hudiburg Auto group. Are you going to organize a boycott of Hudiburg? Seems a little pointless.

The genius in this is the guy who owned that dealership, found out what was going on, fired the general manager, and sold out to Hudiburg. He saw the handwriting on the wall. Do you think this investigation started this week?

The people who were apparently involved in this are not only no longer working for the dealership, they're no longer welcome on the property. I feel bad for the new owners, personally. They didn't do anything wrong, and yet they'll be paying the price for someone else's wrongdoing.

I just think if you're going to target someone for economic sanctions, maybe it should be the correct someone.

Look for the name of that dealership to change really soon.

There is no way new owners didn't have some sort of idea what the hell was going on right after they bought the place. Already we are hearing about payroll and tax issues for Bomar. They would have caught wind of that real quick doing an audit.

So, given that, and that the sale happened in April, why not change the name ASAP?

Again, an example needs to be set here. Especially with that big *** casino going in down the road.

[therealbigred]

Why close a business down because athletes are too stupid to know what is right and wrong? GBR.

[BlondeSoonerGirl]

Pleeeease...

BRSI was wrong, yeah - but it ain't their fault.

These guys have people trying to give them cash, cars, anything...anything they could possibly want. On a daily basis.

They are coached, groomed, mentored and instructed on how to handle it. They know - THEY KNOW - what they are doing when they do this kind of junk.

All it takes is for the player to have some character and do the right thing. He didn't. AGAIN.

[OklahomaTuba]

Why close a business down because athletes are too stupid to know what is right and wrong? GBR.
So no other businesses are stupid enough to try it, again.

[batonrougesooner]

BRSI will need to take this head on and address this publicly and immediately. If the new owners are truely not involved in this in anyway they should buy time on/in all forms of local media and say so.

[wishbonesooner]

IRS, can you look into BRSAI? Boosters!

[soonersam]

If the NCAA would just allow some sort of allowence, This crap wouldnt happen.. Its the players fault because they know better and they've been told what the penalties are, but Its hard to turn down money when you dont have any....

[OklahomaTuba]

Pleeeease...

BRSI was wrong, yeah - but it ain't their fault.

Yeah, I guess so, if you ignore the whole $18,000 payroll and tax thingy.

Maybe the IRS should look into this place?

[Scott D]

There is no way new owners didn't have some sort of idea what the hell was going on right after they bought the place. Already we are hearing about payroll and tax issues for Bomar. They would have caught wind of that real quick doing an audit.

So, given that, and that the sale happened in April, why not change the name ASAP?

Again, an example needs to be set here. Especially with that big *** casino going in down the road.

I'm sure name recognition comes into it somewhere.

[BigUgly]

Pleeeease...

BRSI was wrong, yeah - but it ain't their fault.

These guys have people trying to give them cash, cars, anything...anything they could possibly want. On a daily basis.

They are coached, groomed, mentored and instructed on how to handle it. They know - THEY KNOW - what they are doing when they do this kind of junk.

All it takes is for the player to have some character and do the right thing. He didn't. AGAIN.

For the love of GAWD... To say that this is not a two party fu(k up is asinine at best. The kids are at fault and the boosters are at fault - extreme fault. They want the glory and are blind to the utter catastrophe their actions can cause.

I don't care where Brad McCrae winds up and I don't care where the former owners of BRSI end up. They should be run out of the state on a #@&*(&# rail. And the new owners, God bless them, but I guarantee you they went through the dealership's PNL's with a fine tooth comb. If they did not uncover this prior to their purchase, then shame on them.

This whole mess has been ruined a heretofore pretty @*(!&#@( good day.

[BlondeSoonerGirl]

I-35....NORMAN!!!

I just might throw up a little in my mouth every time I hear this for the rest of my life.

:mad:

[BigUgly]

Why close a business down because athletes are too stupid to know what is right and wrong? GBR.

Because they are complicit in the whole sleazy, university ruining, bullschit scam. They no more deserve to do business in Oklahoma than any other scum-sucking fraud.

[BlondeSoonerGirl]

For the love of GAWD... To say that this is not a two party fu(k up is asinine at best. The kids are at fault and the boosters are at fault - extreme fault. They want the glory and are blind to the utter catastrophe their actions can cause.

I don't care where Brad McCrae winds up and I don't care where the former owners of BRSI end up. They should be run out of the state on a #@&*(&# rail. And the new owners, God bless them, but I guarantee you they went through the dealership's PNL's with a fine tooth comb. If they did not uncover this prior to their purchase, then shame on them.

This whole mess has been ruined a heretofore pretty @*(!&#@( good day.

I didn't say it wasn't a two party f*ck up. Did you see that part up there where I said they were wrong?

I'm just saying it's the kid's responsibility to do the right thing and he knows it. Everyone knows it.

[FaninAma]

The way that boycotting this business may result in repurcussions for the former owners is if the current owners take them to court for not disclosing potential problems and unethical dealings before the sale. I am quite sure the current owners could find some jurors sympathetic to their claims in the state of Oklahoma.

And again, if this is as widespread among the players as some are indicating where the hell were the coaches and NCAA complaince office at OU?

[soonersam]

From www.Rhett-Bomar.com
Bomar had a job at a Norman, Okla., car dealer at which he'd work about five hours a week, but claimed, for tax purposes, that he earned $18,000 a year, Schad reported.


The car dealership in question is Big Red Sports/Imports in Norman, Okla., reports Mark Schlabach. When contacted by phone, the person answering referred requests to attorney Jeffrey Atkins of Oklahoma City. The dealership is part of the Sooner Schooner Car Program, which supplies vehicles to coaches and athletic department officials.

[Chi Gamma Blackness]

Oh yeah.... after this coming out I'm sure then IRS will begin a fun little hunting party; after all, IRS people like football too.

[Mjcpr]

I didn't say it wasn't a two party f*ck up. Did you see that part up there where I said they were wrong?

No Booty, I thnk they're both wrong in this case.

[BoomerJack]

Guys, the new owners have nothing to do with this. Sorry to be the voice of reason in a lynch mob, but they don't. The new owners are the Hudiburg Auto group. Are you going to organize a boycott of Hudiburg? Seems a little pointless.

The genius in this is the guy who owned that dealership, found out what was going on, fired the general manager, and sold out to Hudiburg. He saw the handwriting on the wall. Do you think this investigation started this week?

The people who were apparently involved in this are not only no longer working for the dealership, they're no longer welcome on the property. I feel bad for the new owners, personally. They didn't do anything wrong, and yet they'll be paying the price for someone else's wrongdoing.

I just think if you're going to target someone for economic sanctions, maybe it should be the correct someone.

Look for the name of that dealership to change really soon.

Totally agree.

[OklahomaTuba]

The Sports Animal won't let the callers even mention "The Booster".

[BlondeSoonerGirl]

No Booty, I thnk they're both wrong in this case.

Don't make me laugh.

:les: I'M TOO MAD TO LAUGH!

[BigRedJed]

...And the new owners, God bless them, but I guarantee you they went through the dealership's PNL's with a fine tooth comb. If they did not uncover this prior to their purchase, then shame on them...
They may very well have uncovered just that. Maybe their purchase is what uncovered the wrongdoing. Maybe they fully cooperated with the university. Maybe they're cooperating with the IRS. Maybe the're the good guys here. Or, maybe they're the bad guys here, who knows?

My point is only that we don't know **** at this juncture. The only thing I'm trying to say is that it would be pretty ignorant to go off half-cocked on this deal, throwing cinder blocks through their windows or whatever silliness is being discussed on here.

But, I guess going off half-cocked, without thinking everything through is part of the fun and excitement of the innerweb.

[SOONER44EVER]

The Sports Animal won't let the callers even mention "The Booster".
The "Booster" is the Sports Animal's biggest sponsor.

[OklahomaTuba]

My point is only that we don't know **** at this juncture. The only thing I'm trying to say is that it would be pretty ignorant to go off half-cocked on this deal, throwing cinder blocks through their windows or whatever silliness is being discussed on here.

The only thing that needs to be done is nothing. Don't buy their cars, don't listen to their ads, don't do nuthin, and eventually the problem will fix itself.

If they were smart, and they were helping OU with this, they would have closed down for a while, then opened back up under a new name.

[leavingthezoo]

So no other businesses are stupid enough to try it, again.

so, by this philosophy, maybe oklahoma should get the death penalty so no other individual players will attempt to grab cash hand over fist when it's offered to them?

because... penalizing the "new" owners seems just about as rational. heh. rational. and tuba. whew, i'm funny.

[BigUgly]

They may very well have uncovered just that. Maybe their purchase is what uncovered the wrongdoing. Maybe they fully cooperated with the university. Maybe they're cooperating with the IRS. Maybe the're the good guys here. Or, maybe they're the bad guys here, who knows?

My point is only that we don't know **** at this juncture. The only thing I'm trying to say is that it would be pretty ignorant to go off half-cocked on this deal, throwing cinder blocks through their windows or whatever silliness is being discussed on here.

But, I guess going off half-cocked, without thinking everything through is part of the fun and excitement of the innerweb.

I do agree in principal. However, if it were me buying the dealership, AND I had uncovered the scandal, I would have changed the name day 1.

Nevertheless, cooler heads will prevail and the guilty scum will rise to the surface. I'm just sick of this happening to our university and hope lessons are finally learned.

[The VIIIth]

McRae and the other ********* Manager from Big Red are now at the Fowler Auto Group. I believe Hudiburg is the new owner of Big Red Sports.

I am boycotting all three dealerships until this gets sorted out.

Fowler because those asswipes are now working there taking advantage of hard working Oklahomans.

Hudiburg because how do we know some aggie puke didn't initiate the issue after the acquisition.

Big Red Imports for obvious reasons.

I'm done with them all.

[The VIIIth]

The only thing that needs to be done is nothing. Don't buy their cars, don't listen to their ads, don't do nuthin, and eventually the problem will fix itself.

If they were smart, and they were helping OU with this, they would have closed down for a while, then opened back up under a new name.

Right on Tuba.

[Petro-Sooner]

The "Booster" is the Sports Animal's biggest sponsor.

I have noticed that they are not saying a damn thing about BRS&I. The sports animal is so bush league.

[Hatfield]

finally something tuba and I can agree on.

[OklahomaTuba]

so, by this philosophy, maybe oklahoma should get the death penalty so no other individual players will attempt to grab cash hand over fist when it's offered to them?

because... penalizing the "new" owners seems just about as rational. heh. rational. and tuba. whew, i'm funny.

I really don't give a **** who the owners are, now or then. The new owners would have to be really ****ing stupid to buy a company that had the starting QB for OU on the payroll making $70.00 an hour, had already been on national news for letting the starting RB "borrow" a Lexus, and not expect anything to happen to them at some point. Trust me, companies do audits, its a pretty normal thing.

But hey, if you want to apologize/defend these asshats for not doing their due diligence at the time purchase or even attempt to limit their exposure, then please, by all means, be my guest. Go ahead and defend a company that just ****ed our football team. I suspect that most people that have a clue and an ounce of common sense will disagree with you.

[The VIIIth]

I have noticed that they are not saying a damn thing about BRS&I. The sports animal is so bush league.

Tune in to 1400 am in Norman, Tramel has no problem mentioning the dealership.

That is BS from the animal, I don't care where your bread is buttered there is a responsibility to the truth.

[leavingthezoo]

I really don't give a **** who the owners are, now or then. The new owners would have to be really ****ing stupid to buy a company that had the starting QB for OU on the payroll making $70.00 an hour, had already been on national news for letting the starting RB "borrow" a Lexus, and not expect anything to happen to them at some point. Trust me, companies do audits, its a pretty normal thing.

But hey, if you want to apologize/defend these asshats for not doing their due diligence at the time purchase to limit their exposure, then please, by al means, be my guest. I suspect that most people that have a clue and an ounce of common sense will disagree with you.

hey, i'm just trying to do my part in bringing normalcy back to SF. you know, where you pretend you're rational, and i pretend to have an ounce of common sense.

:D

[OklahomaTuba]

hey, i'm just trying to do my part in bringing normalcy back to SF. you know, where you pretend you're rational, and i pretend to have an ounce of common sense.

:D
Well, I have never pretended to be rational. ;)

[MI Sooner]

I'm guessing that Bomar reported the 18k on his tax return because he got a W-2. If he got a W-2, it's almost a certaintly that BRS&I properly withheld payroll taxes, and the IRS won't give a flying f*uck.

If ownership did change after this incident, I don't know how it's right to hold to new owner responsible for the prior owner's actions.

Good riddance to Bomar.

Are we looking at sanctions for this?

[leavingthezoo]

Well, I have never pretended to be rational. ;)

perfect! i don't intend to pretend i have an ounce of common sense.:O

[Hamhock]

I really don't give a **** who the owners are, now or then. The new owners would have to be really ****ing stupid to buy a company that had the starting QB for OU on the payroll making $70.00 an hour, had already been on national news for letting the starting RB "borrow" a Lexus, and not expect anything to happen to them at some point. Trust me, companies do audits, its a pretty normal thing.

But hey, if you want to apologize/defend these asshats for not doing their due diligence at the time purchase or even attempt to limit their exposure, then please, by all means, be my guest. Go ahead and defend a company that just ****ed our football team. I suspect that most people that have a clue and an ounce of common sense will disagree with you.


Uncover what?

You think a normal due diligence audit for purchase of a multi-million dollar car dealership inspects time tickets to make sure some part timer is actually showing up for work? This kind of money would fall off in rounding.

What do you want the IRS to do? They can audit BigRed and disallow the deductions for salary. Again, no big deal.

[Grimey]

I may have missed it, but how did this whole thing get exposed? Just for curiousity's sake.

[Crimson Kid]

Are we looking at sanctions for this?

Im guessing that we won't be allowed to play in any bowl games this year, i don't think we'll lose any tv games like last time though.

Im hoping that's it, but i don't think that will be the only thing that happens to us. :(

[1stTimeCaller]

I may have missed it, but how did this whole thing get exposed? Just for curiousity's sake.

the new owners of BRS&I called Coach Stoops when they discovered what had gone on.

[OklahomaTuba]

Uncover what?

You think a normal due diligence audit for purchase of a multi-million dollar car dealership inspects time tickets to make sure some part timer is actually showing up for work? This kind of money would fall off in rounding.

Hmm, something tells me they may just look at the rates they are paying people on special commissions, such as the starting QB for OU working 5 hours a week and making $18,000 a year? wouldn't you agree?

Just guessing here, but wouldn't it be prudent to take measures to protect your newly purchased asset if you found out you were paying the starting QB of OU $18,000 a year?

Considering they depend on SALES in NORMAN, this might be something one would consider looking at I would think.

[SoonerinSouthlake]

Guys, the new owners have nothing to do with this. Sorry to be the voice of reason in a lynch mob, but they don't. The new owners are the Hudiburg Auto group. Are you going to organize a boycott of Hudiburg? Seems a little pointless.

The genius in this is the guy who owned that dealership, found out what was going on, fired the general manager, and sold out to Hudiburg. He saw the handwriting on the wall. Do you think this investigation started this week?

The people who were apparently involved in this are not only no longer working for the dealership, they're no longer welcome on the property. I feel bad for the new owners, personally. They didn't do anything wrong, and yet they'll be paying the price for someone else's wrongdoing.

I just think if you're going to target someone for economic sanctions, maybe it should be the correct someone.

Look for the name of that dealership to change really soon.


not to insult anyone's intelligence.....But when companies buy other companies they do extensive due diligence to look for skeletons in the closet. Id say Hudiburg would have recognized Rhetts name on past and/or present payroll sheets (I promise you they looked at them). NO WAY they were clueless on this.

[Newbomb Turk]

I haven't read through all the posts in this thread and the others, but Al is saying that Bomar was clocking in at BRS&I, leaving and going to class, then coming back and clocking out.

[OklahomaTuba]

the new owners of BRS&I called Coach Stoops when they discovered what had gone on.
If that is the case, then they are pretty ****ing stupid for not closing the place down and reopening it under and different name.

[Hamhock]

not to insult anyone's intelligence.....But when companies buy other companies they do extensive due diligence to look for skeletons in the closet. Id say Hudiburg would have recognized Rhetts name on past and/or present payroll sheets (I promise you they looked at them). NO WAY they were clueless on this.


bull.

exactly how many due diligence audits have you done?

[royalfan5]

not to insult anyone's intelligence.....But when companies buy other companies they do extensive due diligence to look for skeletons in the closet. Id say Hudiburg would have recognized Rhetts name on past and/or present payroll sheets (I promise you they looked at them). NO WAY they were clueless on this.
Perhaps, the new owners got this dealership at firesale prices because the old owner say the writing on the wall, and decided they could sort out the mess because they got the tangible assets cheap.

[Hamhock]

Hmm, something tells me they may just look at the rates they are paying people on special commissions, such as the starting QB for OU working 5 hours a week and making $18,000 a year? wouldn't you agree?

Just guessing here, but wouldn't it be prudent to take measures to protect your newly purchased asset if you found out you were paying the starting QB of OU $18,000 a year?

Considering they depend on SALES in NORMAN, this might be something one would consider looking at I would think.


special commissions? what does that mean? i assumed he was payed just as any other hourly employee?

the answer to your second question is yes, but I'm not sure how protecting the asset after you have purchased it and found the overpayment has anything to do with sorting through every piece of paper before the purchase.

[OklahomaTuba]

Perhaps, the new owners got this dealership at firesale prices because the old owner say the writing on the wall, and decided they could sort out the mess because they got the tangible assets cheap.

Again, pretty ****ing stupid on the part of the buyer, considering how about 80% of this state BLEEDS OU Football.

That is, unless, insolvancy is part of thier business plan.

[FaninAma]

Any truth to the rumor that the Hudiburgs are aggie supporters? Sorry....I got nuthin'.

[OklahomaTuba]

special commissions? what does that mean? i assumed he was payed just as any other hourly employee?Sorry, used the wrong term. Meant to use a special wage (generic), such as someone who is working for 5 hours a week @ $18,000 year (or what ever it was).

Normally, this would tend tip off your payroll people, I would think. The name alone would have done this I would think.



the answer to your second question is yes, but I'm not sure how protecting the asset after you have purchased it and found the overpayment has anything to do with sorting through every piece of paper before the purchase.

Not saying they sorted through every peice of paper. However, if you are buying a company that happens to have very close ties to an entity such as OU Athletics, this probably requires a good look by the people buying the business, wouldn't you say?

[SoonerinSouthlake]

bull.

exactly how many due diligence audits have you done?

3 personally and been involved indirectly with dozens.
How many do I need to have done to meet your approval as someone who has a valid point Hamhock

[royalfan5]

Again, pretty ****ing stupid on the part of the buyer, considering how about 80% of this state BLEEDS OU Football.

That is, unless, insolvancy is part of thier business plan.
If you paid pennies on the dollar for the tangible assets to add to an existing business group, it could be a workable plan. I know next to nothing about this dealership, but if they hold any new car franchises, and you get those cheap it is worth it, as car companies don't hand those out at all any more. The right to sell a brand doesn't go away because of this cluster****. The new owners could just add that franchise and their existing customers to there current operations. In Lincoln a few years back, an big dealer got bought out on song because of shengangigans(not with sports, just regular ones). The new dealer got a poor dealer name, but a huge amount of tangible stuff. They then built a new dealer around the franchises they aquired. Again I don't know what was paid for the dealership or its assets, but there are scenarios where the new owners could come out ahead. Often times new owners will take their time changing their name(unless their hand is forced) to keep familarity with existing customers.

[OklahomaTuba]

3 personally and been involved indirectly with dozens.
How many do I need to have done to meet your approval as someone who has a valid point Hamhock

Isn't this type of information usually reported in a yearly financial audit?

[OklahomaTuba]

Oh boy, The Sports Animal is really sucking BRS&I's dick now.

[Newbomb Turk]

BRS&I general manager on the radio right now. He is saying that since the change in ownership 4 months ago, no student-athletes have worked there.

[Newbomb Turk]

Oh boy, The Sports Animal is really sucking BRS&I's dick now.

they should - I'd guess BRS&I is their top advertiser.

[soonersam]

I'm guessing the salesmen are looking for new jobs.... Or maybe they should just move the dealership to StoolWater and keep the name.. I bet the Pokes would love to support them....

[OklahomaTuba]

they should - I'd guess BRS&I is their top advertiser.
Probably.

Its basically turned into a commerical for this car dealership now. Sickening.

Way to go Al and Hump.

[Newbomb Turk]

Probably.

Its basically turned into a commerical for this car dealership now. Sickening.

Way to go Al and Hump.

I can see both sides of what the Animal is doing:

1 - they are kissing BRS&I's arse, cause they don't want to lose them.

2 - they are setting the story straight on how the current management at BRS&I isn't involved.

[JLB]

Wonder if this has been going on at OU for a while now.We are going to suffer dearly for this ****.And I blame that sorry dealership just as much as I blame Ricky Bomar

[BigRedJed]

If you paid pennies on the dollar for the tangible assets to add to an existing business group, it could be a workable plan. I know next to nothing about this dealership, but if they hold any new car franchises, and you get those cheap it is worth it, as car companies don't hand those out at all any more. The right to sell a brand doesn't go away because of this cluster****. The new owners could just add that franchise and their existing customers to there current operations. In Lincoln a few years back, an big dealer got bought out on song because of shengangigans(not with sports, just regular ones). The new dealer got a poor dealer name, but a huge amount of tangible stuff. They then built a new dealer around the franchises they aquired. Again I don't know what was paid for the dealership or its assets, but there are scenarios where the new owners could come out ahead. Often times new owners will take their time changing their name(unless their hand is forced) to keep familarity with existing customers.
Wait a minute. That just makes too much sense. Oh, and reeks of capitalism. But, I guess capitalism is evil.

[trwxxa]

I really don't give a **** who the owners are, now or then. The new owners would have to be really ****ing stupid to buy a company that had the starting QB for OU on the payroll making $70.00 an hour, had already been on national news for letting the starting RB "borrow" a Lexus, and not expect anything to happen to them at some point. Trust me, companies do audits, its a pretty normal thing.

But hey, if you want to apologize/defend these asshats for not doing their due diligence at the time purchase or even attempt to limit their exposure, then please, by all means, be my guest. Go ahead and defend a company that just ****ed our football team. I suspect that most people that have a clue and an ounce of common sense will disagree with you.

Amen, brotha'

[KingDavid]

Why close a business down because athletes are too stupid to know what is right and wrong? GBR.

Two reasons you bonehead:

1) Because they share in the blame by presenting an occasion for wrong. Look at it this way: when Adam & Eve fell, God pronounced three judgements - one upon Adam, one upon Eve, and one upon the Tempter - because he (Satan) presented the occasion for evil. I'll take Almighty God's sense of justice over your spineless whimpering, thank you.

2) Because we are angry and want to hurt someone. So be careful where you stand, my man. Hint: in front of that dealership would not be a good idea.

You really need to go get your dress hemmed and your nails done and shake the sand out of your panties. Come back when we're not all worked up and ready to kill. It's for your own good.

The dealership we shall not name deserves to die. And before that, it should suffer greatly.

[Rusher]

I would say that whoever owns BR now is hosed for a sin that he's never committed. I think if you guys wanna boycott someone, it should be whatever the business the ex-owner is running right now (some dealership in OKC so I heard). He's the one that caused the whole stir and it baffles me that somehow he's missing in our "flame" radar.

[Sooner-N-KS]

OK, I'm out of state to the north, but I'm all for coming out against the owners that caused the trouble. But if I understand right the situation right, the new owners were going over past books and somehow found the problem.

I'm having a moral dilema right now. What would cause the new owners to go to OU with the information they found? Did they have anything to lose if they didn't? Did they have anything to gain for doing it? I'm not sure the new ownership should be viewed as innocent in this.

[Hamhock]

3 personally and been involved indirectly with dozens.
How many do I need to have done to meet your approval as someone who has a valid point Hamhock

one is good for me.

so, as a cpa, you are contending that looking at payroll detail, down to the individual names of past employes is normal operating procedure for a due diligence? I say no. if they did, it was reviewed by some audit staff who may not know rhett bomar from adam. if they knew him, $18k in a year isn't unconscionable.

you guys are being unfair in your monday morning quarterbacking. someone said earlier that hudi had access to the profit/loss statements. big deal? you think people's names show up on a p&l?

they would have looked at expenses and determined them to be reasonable and moved on. what do yo think? they examined every time card and then interviewed witnesses to make sure joe out in the shop was really at work?

[Vaevictis]

I would guess that Hudiberg could come back at the previous owners for not disclosing the risk (of getting caught for this -- a major risk in an OU area) during due diligence, no?

The new owners could make themselves look really good by going at Bomar for fraud if he really was clocking 40 hours and only working five.

[Hamhock]

I would guess that Hudiberg could come back at the previous owners for not disclosing the risk (of getting caught for this -- a major risk in an OU area) during due diligence, no?

The new owners could make themselves look really good by going at Bomar for fraud if he really was clocking 40 hours and only working five.


all depends on the indemnity language in the closing docs.

bomar comitted the acts with the prior owners. if they knewabout it, there was no fraud. he has certainly committed no fraud against the new owners.

except for the mass fraud he has perptrated on all sooner fans

[BigRedJed]

What about this scenario? Maybe the previous owner disclosed the investigation and the problem when he sold out. Maybe he was so motivated that he sold the dealership to the new owners for pennies on the dollar. Maybe the new owners did a cost analysis and decided that they could cooperate with the investigation, keep the name Big Red until the fire storm hit, let the Big Red name take most of the hit, and then quietly rebrand and even move the store. Maybe they thought "hell, somebody's gonna own those franchises again eventually, might as well be us at that price!"

Again, I'm totally talking out of my *** here, but there are any number of plausible scenarios that could have happened here. Maybe they were good guys who made a calculated business deal, going into this eyes wide open. Maybe they're saints. Maybe they're sinners who were complicit. We don't know at this point.

You can talk about this crap all day, but what it boils down to is this: we have no idea what the current owners knew or didn't know. We have no idea what involvement they had in making things right, or adding to the mess. We have no idea what their business and public relations strategies were if they already knew, but I'd guess we see them play out now.

Calling for boycotts, or arson, or *** whippings when you are completely ignorant to the true facts of an issue (as I will admit that I am), is, well, ignorant. Let's let it play out. If it turns out that they were sinners rather than saints, I'll be more than happy to join you in flipping them the collective bird. But until something real emerges, count me out of the lynch mob, thanks.

[royalfan5]

What about this scenario? Maybe the previous owner disclosed the investigation and the problem when he sold out. Maybe he was so motivated that he sold the dealership to the new owners for pennies on the dollar. Maybe the new owners did a cost analysis and decided that they could cooperate with the investigation, keep the name Big Red until the fire storm hit, let the Big Red name take most of the hit, and then quietly rebrand and even move the store. Maybe they thought "hell, somebody's gonna own those franchises again eventually, might as well be us at that price!"

Again, I'm totally talking out of my *** here, but there are any number of plausible scenarios that could have happened here. Maybe they were good guys who made a calculated business deal, going into this eyes wide open. Maybe they're saints. Maybe they're sinners who were complicit. We don't know at this point.

You can talk about this crap all day, but what it boils down to is this: we have no idea what the current owners knew or didn't know. We have no idea what involvement they had in making things right, or adding to the mess. We have no idea what their business and public relations strategies were if they already knew, but I'd guess we see them play out now.

Calling for boycotts, or arson, or *** whippings when you are completely ignorant to the true facts of an issue (as I will admit that I am), is, well, ignorant. Let's let it play out. If it turns out that they were sinners rather than saints, I'll be more than happy to join you in flipping them the collective bird. But until something real emerges, count me out of the lynch mob, thanks.
I agree with BRJ, agreeing with me. I am willing to bet the new owners got the dealership for a song, and were fully aware of future fallout. Big auto dealership groups don't get that way by being stupid, and being a second buyer of distressed tangible assets is a good way to make money. Hell, the current owners could make a charade of a going out of business sale, and use it to dispose of inventory, and magically reopen the dealership under a new name, and Joe Q. Public will never know the difference.

[Vaevictis]

he has certainly committed no fraud against the new owners.

As you say, it depends on the language of the documents. I imagine it also depends on how the business was set up. A sole proprietor or partnership, probably not. An LLC or corp of some kind is its own entity in my understanding, and as such, the new owners could possibly direct that entity to go after the people who defrauded it.

Also, if the old owners knew it, I expect it could still possibly be fraud if any one of the old owners didn't know it -- in which case Bomar and the owners that did know would also be implicated in defrauding the owners not in the know, yes?

[Soonerus]

Hudiburg family has been heavily involved with OU football for years and never pulled a stunt like this...hard to blame them...

[Rusher]

If the new owner is bright enough to know the after-residue problems from past ownership, then who's in a right mind to report it to OU? It's smarter to be quiet about it (although immoral).

[SoonerinSouthlake]

one is good for me.

so, as a cpa, you are contending that looking at payroll detail, down to the individual names of past employes is normal operating procedure for a due diligence? I say no. if they did, it was reviewed by some audit staff who may not know rhett bomar from adam. if they knew him, $18k in a year isn't unconscionable.

you guys are being unfair in your monday morning quarterbacking. someone said earlier that hudi had access to the profit/loss statements. big deal? you think people's names show up on a p&l?

they would have looked at expenses and determined them to be reasonable and moved on. what do yo think? they examined every time card and then interviewed witnesses to make sure joe out in the shop was really at work?


Look Man...I’m not claiming to be a CPA. But I’ve been involved in the buying and selling of businesses. What I’m saying is that in the due diligence process, if you are good at what you do (and Hudi has been around long enough to be considered good at what they do), you look for Skeletons. You browse payroll records for 3-4 years back...not memorize them. A normal due diligence browsing of the payroll records WOULD NOT lead to an investigation of the Joe Blow making 1 dolor an hour more than he should have. But a NORMAL and THUROUGH due diligence of a company to be acquired would have uncovered Skeletons like a name as recognizable as Rhett Bomars making a ton of money yet not being present. It would have been an obvious SKELETON. Unless they had their head so far in their arse that they didn’t know who the starting QB of the Sooners was.



Fair Enough?

[SoonerE39]

The old manager, Brad Mccray, who did the commercials (with the mullet) doesn't work there anymore. He was fired a while back.
"For Sale" sign in front of his house in Norman. Ohhh how I want to describe the location but I don't want my neighborhood to burn down.

[badger]

he apparently doesn't work at fowler anymore either.

[SoonerE39]

They just said on the news they were trying to reach him at Fowler DODGE and they said he wasn't in.
I suspect that if he IS still employed there, they can't afford to keep him around for long.
This guy is done in this state, or at least south of Stoolwater. Hope it was worth it to him.

[Sooner24]

To blame the new owners for what the old owners did is stupid. So what if they did know prior to buying the dealership. They are in business to sell cars nothing else. My guess is this was all found out after Bomar filed his taxes. It wasn't even like the old owners tried to cover anything up by giving him a W-2 form. Talk about a paper trail you could follow for several miles. Personally I am glad this came to light like it did and we took the actions we did. Bomar was a ticking time bomb and would have blown up in our faces sooner if not later.

[Scott D]

Look Man...I’m not claiming to be a CPA. But I’ve been involved in the buying and selling of businesses. What I’m saying is that in the due diligence process, if you are good at what you do (and Hudi has been around long enough to be considered good at what they do), you look for Skeletons. You browse payroll records for 3-4 years back...not memorize them. A normal due diligence browsing of the payroll records WOULD NOT lead to an investigation of the Joe Blow making 1 dolor an hour more than he should have. But a NORMAL and THUROUGH due diligence of a company to be acquired would have uncovered Skeletons like a name as recognizable as Rhett Bomars making a ton of money yet not being present. It would have been an obvious SKELETON. Unless they had their head so far in their arse that they didn’t know who the starting QB of the Sooners was.



Fair Enough?

You should then be aware of how often a company will cook it's books to look more attractive to potential buyers. Hell, I can personally think of three occasions where that was done with Blockbuster Video, and two of the three times they got new buyers...Viacom couldn't sell them to anyone so they just cut them loose and now they are being buried in their own incompetence.

[SoonerinSouthlake]

You should then be aware of how often a company will cook it's books to look more attractive to potential buyers. Hell, I can personally think of three occasions where that was done with Blockbuster Video, and two of the three times they got new buyers...Viacom couldn't sell them to anyone so they just cut them loose and now they are being buried in their own incompetence.


Point taken. Its possible for the previous owners to have cooked the books and taken Rhetts and others name off all old payroll. I just personally dont choose to believe in this case that they had no idea as they are claiming (from what I have heard)

[Scott D]

Point taken. Its possible for the previous owners to have cooked the books and taken Rhetts and others name off all old payroll. I just personally dont choose to believe in this case that they had no idea as they are claiming (from what I have heard)

there's probably all kinds of possible purchase scenarios...this could have been a purchase that has been in process for even longer than anyone outside of the two main parties knew about. Although, if the issue being relatively recently discovered by the new owners is an indication, I'd almost think it was more of a "How would you like to buy us out?" type of scenario which would indicate more guilt on the part of the previous ownership. It's also possible that because there was pressure to get a deal done quickly that Hudiberg didn't have time to do much other than skim the books before the purchase, and afterwards was able to have people dig deeper into the books to try and account for every penny and hence then the discovery was made.

Or, another possible scenario is that the dealership itself could be relatively innocent (to a degree), and these two were getting assistance in the extra time punches by an overzealous fan of a coworker.

[Petro-Sooner]

Hybl I tell you.

[boomersoonerdude]

These guys were sent by OSU to screw us up....

[OUstud]

I was sick of BRSI anyway. How they used one of our nicknames as their name, the annoying, untalented impersonations on their commercials, and the fact that they changed their name to Big Orange for a month after Aggy beat us.

[CtheB]

he apparently doesn't work at fowler anymore either.

correct.