… is the latest school compelled to press the TRUSTEE DELETE button. Anthony Chiasson, arrested for insider trading, has been dropped from Babson’s board of trustees.
The beautiful synergy between hedge fund guys and BOTs (school gets money, hedgie gets respectability) has been all screwed up by the SEC, and any university that’s gone the hedgie trustee route bigtime (I’m looking at you, Brown) should probably be engaged in… call it proactive winnowing.
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Steve Cohen is a Brown trustee.