UPDATE: New Hampshire AG Reviewing Dartmouth Whistleblower Doc, May Investigate College’s Board of Trustees
As IvyGate reported last week when this letter was but a mere blip on Dartblog’s webpage, a group claiming to be comprised of Dartmouth faculty members filed a complaint detailing the Dartmouth Board of Trustees’ mishandling of the College’s $3.4 billion endowment. Just as a reminder, the letter, which can be found in full here, features several instances of Dartmouth Board members receiving millions of dollars in fees for their companies, which include Morgan Stanley, Apollo Management, and Goldman Sachs.
Now it appears that someone is listening. The New Hampshire attorney general’s office announced Tuesday that it was reviewing allegations of mismanagement and conflicts of interest at Dartmouth, according to Reuters. While a Dartmouth spokesman categorically denied the accusations, the College could be found to be in conflict with their not-for-profit status should the accusations turn out to be fruitful. We’ll keep you updated as more comes out on this.