JPMorgan Snub, Lloyd’s Insurance Threat Spurred Change at SAE Fraternity

By John Hechinger and David Glovin | March 27, 2014

  • March 27, 2014 at 1:46 pm
    Philip Michael says:
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    Aw, yes . . . SAE . . . pretentious, limited appreciation of social norms and mores, and with goofy looking lions and nerdy looking pledges . . .

    Instead of “cleaning up their act” and hatching leadership that can steer them clear of their irresponsibility, they — like many of the Wall Street crowd that commits years of financial crimes and then suddenly finds Jesus – have elected to kill pledging in national fraternities . . .

    I’m with Boone Pickens; pledging is a rite, a character builder and is much like the “boot camps” young men and women must go through in competitive athletics, in institutions like the Order of the Arrow in Boy Scouts, and (perhaps unfortunately) in life . . .

    Our youth are becoming weaker by the day . . . and SAE is our new poster child.

    • March 27, 2014 at 3:38 pm
      earlybird says:
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      Wow, how dare JP Morgan and Lloyd’s snub bow tie,flip flop, topsider, Costa and Oakley wearing young rich boy snobs! For sure, hazing(binge drinking, urinating in public, date rape) is a real character builder.

      • March 27, 2014 at 3:46 pm
        txmouthbreatherboogereatertx says:
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        Just think, they get date raped just to get into the club

    • March 31, 2014 at 7:35 am
      KY jw says:
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      Perhaps you should read what blu lightning says. Pledging is one thing, what these frats were doing should be illegal.

  • March 27, 2014 at 2:33 pm
    Huh! says:
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    Kudos to Cohen for eliminating the source of hazing and looking for a better way to do business.

  • March 27, 2014 at 3:03 pm
    txmouthbreatherboogereatertx says:
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    Fantastic news! Maybe this will be the start of ridding these “Pound me in the ass” all boys clubs from the college culture. We can finally produce real leaders and not follow the kid whose daddy has the largest bank account or trust fund set up for him. “Charitable Foundations” cheating the tax code since 1856.

  • March 27, 2014 at 3:13 pm
    Original Bob says:
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    Good move, now pledges can go back to the regular drinking and debauchery that is college life. Back when I was a kid we had it easy, none of that humiliating college frat stuff for us, we graduated high school got drafted went to basic training (summer vacation) and then sent to Viet Nam.

  • March 28, 2014 at 4:22 pm
    blu lightning says:
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    My frat was an relatively exclusive national whose strength was in the South and Midwest. I was pledged in ’77 and my experience was nothing like this. The worst thing I had to do was to get each actives name in a notebook that I had to carry around with me all the time and then help clean our house. And in the intervening years, my frat has really expanded and become a diverse organization.
    There is something structurally morally and culturally wrong when a frat has had ANY fatalities much less this number in the course of time.
    Rather than do away with pledging, they should possibly disband as they give Greek organizations a bad name

  • April 2, 2014 at 1:55 pm
    CalDude says:
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    They only pledge a month?! Weak….

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