From the article: "Barta, while airing on the side of caution, was also on the side of patience."
I think you meant to say "erring" there.
Irregardless, I can't help but wonder if they are going to slash salaries. Borrowing 75 million clams is a big fucking deal and I can't help but think the risk of such a loan is potentially outside acceptable boundaries for a school like Iowa. It's basically a big fucking gamble that The Germ will be gone soon and that the revenue side is going to look rosy when The Germ is gone, but I'd be shocked if BTN revenues don't take a hit and I'd be surprised if we don't see a diminution in ticket sales and donations. I guess if we anticipate Fed measures to create inflation, the loan is probably a good strategy, but borrowing that much coin is risky as shit.