Or should I say Très SEC… Brown University’s bouquet has been very Securities and Exchange Commission lately, with the distinctive aroma of federal investigation wafting in particular from the school’s board of trustees. Steven Rattner (after his, er, troubles he seems to have left the board), Steven A. Cohen (a current trustee)… And of course from the school’s president, a loyal Goldman Sachs trustee during the wonder years.
Cohen, a perennial SEC object of interest, has yet again been informed that his firm is under investigation for insider trading… Leaving Brown University with a venerable intellectual dilemma: Hold onto him because some day he’ll give us a slice of his fortune? Drop him before he dries up and goes the route of Rajaratnam?
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UD thanks Roy.
May 18th, 2013 at 6:40AM
[…] things are fraying at SAC… but Brown University, which has had trouble with trustees, not to mention presidents, before, is apparently going to play the game out, thus solidifying its reputation as the academic […]