This university’s highly paid president maintained the financial criminal of the century and his victim supplier in positions of enormous campus power and influence. The school lost tens of millions of endowment funds to these men.
The president continues to oversee a board of trustees bursting with conflicts of interest. UD expects at least one more member of that board to be dragged into the Madoff debacle. Yet despite calls from outraged alumni to dissolve the board, the president has done nothing.
Now, finally, faced with the loss of its financial base and any integrity it might have had after being run into the ground by its beloved Madoff and Merkin, Yeshiva’s president acts. He fires sixty innocent people.
The guilty parties – the president and his board of trustees – remain in place.
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UD thanks Tzvee for the link.
February 10th, 2009 at 12:50AM
Come to the event sparked from this news… help ppl get their lives back. Party, network, meet new ppl.
This Thurs, Feb 12th at Mt Siani (Heights) from 8-10pm.
http://twurl.nl/bw6b1m