Initiation here at my university was fun. There was the pub crawl, and random stupid activities (we duct-taped some people to walls, played base-ketball, emptied a bar in a small suburb), but nothing incredibly demeaning. As a bonus, I got to dress as a cop for a week. :p And the bar-emptying was fun.
But stuff like in the article... That's ridiculous. I hope they get charged for that. There was a hazing ritual at my old college. You could sign anyone up for it for $10. They called it the "****-hole" (trou de bouette). It was a pit filled with rotten food, rancid fast-food grease, and all sorts of vile bodily substances of the toilet kind. The people would first have to do a 2 litre beer-bong, run around a baseball bat, and then they'd get thrown into the pit, where they'd have to wrestle against the second-years, usually alone against 2 or 3. After everyone had gone through that, they'd all get lined up on the ground, face down, and get pelted with more rotten foods, mud, and other digusting things. Humiliation was what it was all about. The school got in some trouble last year when one student had gotten rotten celery shoved up his *** and wound up with an infection. Now the school forbids all initiations, except for the second day of classes, and the activities must be pre-approved.