Burlington College trustees express dismay at colleague's secret investment [View all]
By Aidan Quigley Jun 25 2019
Former trustees at Burlington College are expressing shock and disappointment that a fellow board member invested in a prime waterfront parcel the financially strapped college sold.
The New York Times reported Saturday that at least one former Burlington College trustee — Joel Miller — was part of the group that purchased the property the struggling school sold.
An $80 million condominium complex is now under construction at the site.
The disclosure came to light as part of a story about Jane Sanders’ time as president of Burlington College and whether the college’s closing would impact the presidential run of her husband, Sen. Bernie Sanders. During her time running the school, Burlington College purchased a piece of waterfront being sold by the Vermont Catholic Diocese to settle sex abuse claims. The land purchase, part of an ambitious expansion, and the debt were later blamed for the college’s demise.
(MUCH more....)
https://vtdigger.org/2019/06/25/burlington-college-trustees-express-dismay-at-colleagues-secret-investment/?utm_source=VTDigger+Subscribers+and+Donors&utm_campaign=2a146388f1-EMAIL_CAMPAIGN_2019_06_29_05_16&utm_medium=email&utm_term=0_dc3c5486db-2a146388f1-405702709
= new reply since forum marked as read