Links
Archives
Wednesday, July 11, 2007
Who Says Adjunct Professors Have No Influence? 'A former USC real estate professor, who ran an investment scam luring students and others with bogus claims of large returns in commercial developments, was sentenced to six years in federal prison, authorities said Tuesday. Background on Barry here. ---latimes.com--- ******************************** Update: In giving Landreth a harsh sentence, the judge said "he was convinced that Landreth's connection with the university facilitated the scheme." UD made this point about Landreth and other campus scammers last year in talking about his case: If you want to rip people off, get yourself a university teaching position. People think professors are more ethical than the general population -- less obviously interested in the profit motive or something. This might be true about your Latin instructor. Beware the business school. Barry's remorse was eloquent: 'Landreth told Carney he has "an incredibly heavy heart for my actions." Turning to victims in the courtroom, he said, "I know you guys hate me at this moment. I really hope that at some point you will accept my apologies. I'm 100 percent committed to make each one of you whole."' This language makes UD very jolly. She's not sure why. I mean, she's giggling right now, reading it over. Let me say it out loud and see what happens.... I laughed again! 100 percent committed to make each of you whole! UD thanks a reader, SC, who provided this material in the comments thread. |