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08/19/2019

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Charles N. Steele

I read the whole timeline and some other stuff. All I can make out is that the college was insolvent long ago; phony accounting seems to have kept it open longer. I guess that was the point...a Ponzi scheme, sort of.

It's common that where there's one fiscal impropriety there are many, so if it turns out there was also embezzlement or some sort of fraud going on, it wouldn't be surprising.

John Pepple

Maybe he thought he would be blamed for the insolvency?

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