Quick Takes: Ex-Trustee at Compton Admits to $1M Theft, Harvard Keeps Pay High for Money Managers, Human Subjects Rules Clarified, Big Sandy Ends Friday Classes, DePauw Sues on Investment, Coach Denies Anti-Lesbian Bias, Who Is KU?

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Quick Takes: Ex-Trustee at Compton Admits to $1M Theft, Harvard Keeps Pay High for Money Managers, Human Subjects Rules Clarified, Big Sandy Ends Friday Classes, DePauw Sues on Investment, Coach Denies Anti-Lesbian Bias, Who Is KU?

October 17, 2005 - 4:00am

By

Scott Jaschik

A former trustee of financially troubled Compton Community College admitted in court Friday that he had diverted more than $1 million in public funds to himself and family members, The Los Angeles Times reported. The scheme by Ignacio Pena, who was on the college's board from 1991-2003, involved creating a sham organization that received funds for college courses that never existed.

Harvard University is keeping its policy of paying its top money managers millions of dollars each, saying such salary levels are needed to attract top talent, The Boston Globe reported. Harvard officials discussed the compensation policies in announcing that Mohamed El-Erian would become the new president of the Harvard Management Company.

The Department of Health and Human Services has proposed clarifications to federal rules on research with human subjects. The new policies would stipulate when researchers must report "adverse events" that take place during a research study. Many researchers have criticized such rules in the past as unclear

Big Sandy Community and Technical College, in Kentucky, plans to end Friday classes, and to lengthen class times on other days, next semester, The Lexington Herald-Leader reported. The change is designed to help students, many of whom drive long distances to the college, deal with rising gas prices. Alabama's Calhoun Community College recently announced a similar shift.

DePauw University is suing an investment advisory group, claiming that the group misled the university into investing millions in a hedge fund whose founders engaged in fraud, Inside Indiana Business reported.

Rene Portland, the Pennsylvania State University women’s basketball coach, responded Friday to allegations by Jennifer Harris, a former player, that Portland kicked her off the team because she thought Harris was a lesbian. Portland’s statement said she "felt the need" to tell everybody that Harris was dismissed for "her attitude in relation to basketball,” including disrespecting coaches and teammates, and her "performance in the classroom." A statement from the National Center for Lesbian Rights said it was "saddened" by Portland’s "attempt to divert attention."

The University of Kansas and Kutztown University in Pennsylvania are fighting over the similar use of KU logos. Apparently both universities have had used KU for years, but no one in Kansas noticed until The Lawrence Journal-World reported that an expensive redesign of the Kansas KU resulted in one that looked like Kutztown's. Kansas officials are apparently upset, but in Pennsylvania, the flap has become a cause for amusement, with The Reading Eagle joking that Kutztown could now book football games with the Universities of Texas and Oklahoma.

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