In one previously undisclosed fight, Trinity College in Connecticut
is facing government scrutiny for its plan to spend part of a $9
million endowment from Wall Street investing legend Shelby Cullom Davis.
Trinity's Davis professor of business, Gerald Gunderson, says he
believed the plan, which would have funded scholarships for
international students, violated the wishes of the late Mr. Davis. He
alerted the Connecticut attorney general's office. Then, Mr. Gunderson
said in notes submitted to the agency, Trinity's president summoned him
to the school's cavernous Gothic conference room, where he called the
professor a "scoundrel" and threatened not to reappoint him.
Gunderson is a market-oriented economist; here is the full story.