Original source: SimoleonSense.com .
Very interesting read via Ai5000.com
Synopsis By: Kip McDaniel & Paula Vasan (Via Ai5000.com)
In the late 2009, Wesleyan university filed suit against Thomas Kannam, its $500 million endowment’s cheif investment officer, alleging misconduct both grand and petty. However, what is the greater crime: inflating expense reports and using university resources to run outside businesses, or fostering a system that allowed such abuses to occur unchecked for nearly a decade?
Click Here To Read: Anatomy of A Scandal: Endowment Office Uses Resources To Run Private Businesses
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