Links, letters, and lots of thoughts from a rabble rouser at AU. All the information one could humanly find on the situation at American University is posted here. Get informed and get involved.

Sunday, October 23, 2005

Ladner must accept by...

So, as the Post says:
American University trustees have agreed to offer ousted president Benjamin Ladner a choice: Accept a departure package of between $3 million and $4 million by the beginning of next week or be fired "for cause" and risk losing some or all of it, sources said.

The interesting bit that I've only been informed of JUST NOW?

Ladner must make his decision by midday Monday
, giving the campus no time at all to respond. Thanks Board... once again you are ever so helpful.

As more comes in, I'll keep you posted.


Blogger Ally Kat said...

Just wanted to thank you for all of the hard work and helpful information you have put on your blog. Thank you particularly for calling out the "Gang of 13" and providing the individual emails of the board members. I found it very helpful as I was sending my letter to the BOT today.

BTW: When I emailed Bishop Schol it did not go through and instead responded that emails should be sent to:

4:21 PM

Anonymous John Capozzi said...

As an Alumnus, I want to thank all the students who have worked so hard to make the University better.
Unfortunately, I will not continue to contribute money to the University if the BOT does not stop giving money to Dr. Ladner, a person who A) Does not appreciate it and B) Does not deserve it.
John Capozzi

9:23 PM

Anonymous TraCCC said...

Below is an event listing that the Transnational Crime and Corruption Center, a think-tank at AU, will host regarding Ladner, the Board of Trustees, etc.


On October 25 at 5:00 p.m. in Ward 2 the Transnational Crime and Corruption Center is hosting a round-table discussion on corruption and governance in higher education. A question and answer session will follow. Participants and topics are listed below.

Prof. Ethan Burger (TraCCC legal advisor and visiting professor at WCL) will discuss recent AU events in the
context of corporate malfeasance seen since 2001. Prof. Burger will focus on the role that an institution's head, board, and shareholders play in
corporate fraud.

Prof. Louise Shelley (TraCCC founder and director, SIS professor) will discuss the Ladner affair in context
of corruption in public institutions around the world. She will also share her experiences as Cornell's first
student representative following a restructuring at that university.

Prof. Peter Lewis (SIS professor) will discuss cronyism in institutions, both public and private.

Jason Terry (SIS MA candidate) will discuss his recent experiences as a student representative on the Board
of Trustees following a restructuring by the university president to promote transparency with the local and university community.

11:49 AM

Anonymous Anonymous said...

How could this board be any more short-sighted? I mean despite overwhelmingly popular opinion on campus against the issuance of any Golden Parachute this board finds it necessary to not only reward improper financial conduct, but to offer a package so obscene that the board has become complicit in the financial malfeasance of Mr. Ladner.

The board’s actions are so far fetched they would’ve had to been invented in Hollywood. I could sell this show to Hollywood. I’d call it “Ben’s Cronies” and it would be a reality show starring the AU Board of Trustees. They’d live in the president’s house at AU (Ben’s house on Glenbrook off-campus, no reason to hang out with the commoner’s who will pay for this on campus. This is TV after all! Plus we could feature the house on Cribs) and we’d see what happens when trustees stop being polite and start getting real. We’d make Donald Trump look like a chump and we’d kill in the ratings.

But the sad thing is that this really is reality. This travesty is really happening in the halls of this University. We know Ben never lived in reality but it seems all the realists on the board are quitting rather than fighting the good fight. This issue is more than dollars and cents. If it was merely about money we could tape the board meetings air them in Primetime and earn back the money in advertising dollars. This is about what is right, what is fair and what is just.

2:04 PM

Anonymous Anonymous said...

So what did he dicide?

I hope he burns in hell.

7:02 PM

Blogger JH said...

As per my email box, it's over.

Doesn't look nearly as bad as we'd feared, depending on whether or not that deferred compensation had been counted in his salary already.

7:19 PM

Anonymous Anonymous said...

Looks pretty bad to me. He shouldn't be gaining from this, read the open letter above. AU got screwed big time!

10:50 PM


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