Anatomy of a Scandal

McDaniel, Kip; Vasan, Paula
April 2010
AiCIO;Apr2010, p1
In late 2009, Wesleyan University filed suit against Thomas Kannam, its $500 million endowment's chief 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? Kip McDaniel and Paula Vasan report.


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