A foundation that endows athletic scholarships at the University of Houston may have lost more than 40 percent of its listed assets because of investments in an alleged Ponzi scheme orchestrated by a financial adviser for college basketball coaches who committed suicide last summer.The losses incurred by the Houston Athletics Foundation could have financial implications for the university, which... [Read More]
Houston's Case Keenum had just thrown his fifth touchdown pass against Rice to set the Football Bowl Subdivision record for career TD tosses and coach Kevin Sumlin was screaming at the officials to give him the ball. They didn't hear him and the record-setting ball sailed into the stands as Houston kicked the extra point. Sumlin was relieved as he watched the fan who caught it throw it back onto... [Read More]
