• Investor who allegedly bribed his son into USC could lose hundreds of m

    From Elizabeth Paige Laurie@21:1/5 to All on Sun Mar 17 06:09:54 2019
    XPost: alt.rush-limbaugh, alt.politics.democrat, alt.showbiz.gossip
    XPost: sac.sports


    Liberal Democrats, too lazy and stupid to compete
    scholastically. This is the result of the present day inferior
    California school system, once the envy of the entire free
    world, after 40 years of Democrat control and parasitic
    socialist union infestation.

    TAGS: Cheat Lie Bribe Obama Ignorant Liberal Dumb Crime College
    High School Sports USC Coach ACT Democrat LA Times, Washington
    Post, NY Times Elite Hollywood TV Media Twitter youTube Scumbags
    Kiss Your Job Goodbye


    Not only does his kid risk being expelled, but a rich dad caught
    up in a nationwide bribery scandal risks losing hundreds of
    millions of dollars for his alleged role, The Post has learned.

    TPG bigwig Bill McGlashan stands to lose upward of $300 million
    in TPG investments after he was fired Thursday for allegedly
    paying for a fake athletic profile to get his son into college,
    The Post has learned.

    The termination, which McGlashan is already fighting, would cut
    him off from numerous investments he helped bring to the $103
    billion firm, including stakes in Airbnb and Uber, which are on
    the verge of lucrative public offerings, sources said.

    On Thursday, TPG execs sent McGlashan a “notice of termination.”

    “We will be in touch to advise you of the economic consequences
    of the termination of your employment,” they said, according to

    McGlashan, 55, promptly rejected it — saying he had resigned
    before they could fire him, according to emails reviewed by The

    “I am perplexed by your attempt to terminate me because, as you
    acknowledged in your e-mail, you had already received my
    resignation,” McGlashan retorted.

    Only two days earlier, McGlashan was accused of paying $250,000
    to get his son into the University of Southern California,
    including by making it appear his son was a kicker for his high
    school’s football team.

    “Pretty funny. The way the world works these days is
    unbelievable,” McGlashan said after learning that his son would
    be Photoshopped to look like a kicker, according to court

    If TPG gets its way, McGlashan will be forced to forgo his share
    of profits in TPG funds tied to stakes in companies the firm
    still owns, a source said.

    McGlashan, the founder and managing partner of the TPG Growth
    Funds, stands to earn $120 million from Uber alone, a source

    McGlashan was also co-founder of The Rise fund, along with U2
    frontman Bono, which has raised billions over the years by
    promising to make the world a better place.

    McGlashen declined comment. TPG did not return calls.

    https://nypost.com/2019/03/14/investor-who-allegedly-bribed-his- son-into-usc-could-lose-millions/

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