Archived post

This is an archived post. Please click here to see the latest entries.

« Why We Need to Call It Commencement | Home | Volgograd Diary: War and Theater »

College Investment Practices Take Hit

Bloomberg is the latest media outlet to give a voice to criticism of the College’s investment practices. Yesterday Joshua Humphreys of the Tellus Institute was interviewed at length on the conflict of interest facing many members of the Board of Trustees.

Humphreys rightly points out that when an investment decision involving Board Chair Steve Mandel ‘78 or Investment Committee Chair Bill Helman ‘80 comes up, and either one of them leaves the room, the remaining committee members are hardly free to make decisions in the best interests of the College. Firstly, the committee members know well that Mandel or Helman won’t be happy with a negative decision, and secondly, if they vote “no” on a Mandel/Helman investment, it is possible that Mandel and Helman will turn around and vote “no” on one of the members’ proposals. So, in the end, everyone learns to play nicely with each other — to the detriment of the College. No clearer conflict of interest between Dartmouth’s interests and that of individual Trustees can be imagined.

Addendum: Good to see Bloomberg doing incisive reporting on the College’s affairs. Michael Bloomberg’s significant other is Trustee Diana Taylor ‘77.


Featured posts

  • August 14, 2013
    Breaking: Of Crips and Bloods and Memories of Ghetto Parties
    History repeats itself, first as tragedy and then as farce, or sometimes it just repeats itself. From the New York Times on November 30, 1998: At Dartmouth College, white students at a ”ghetto party” dressed…
  • June 25, 2013
    Dean of the College Charlotte Johnson’s War on Students Part (2/2)
    Part 1, Part 2 Today’s post again recounts the events that befell the Freshman. However, the content of the Hanover Police department report reproduced in this space yesterday is supplemented by information from my own…
  • October 18, 2009
    When Love Beckoned in 52nd Street
    We were at San Francisco’s BIX last evening, enjoying prosecco, cheese, and a bit of music. A full year of inhabitation in Northern California has unraveled to me no decent venue for proper lounging, but…
  • October 9, 2009
    D Afraid of a Little Competish
    So our colleague and Dartblog writer Joe Asch informed me that the D has rejected our cunning advertising campaign. Uh-oh. The Dartmouth is widely known as a breeding ground for instant New York Times successes,…
  • September 4, 2009
    How Regents Should Reign
    As Dartmouth alumni proceed through the legal hoops necessary to defuse a Board-packing plan—which put in unhappy desuetude an historic 1891 Agreement between alumni and the College guaranteeing a half-democratically-elected Board of Trustees—it strikes one…
  • August 29, 2009
    Election Reform Study Committee
    If you are an alum of the College on the Hill, you may have received a number of e-mails of late beseeching your input for a new arm of the College’s Alumni Control Apparatus called…

Dartblog Specials

Subscribe by Email

Enter your email address:

Help, Pecuniarily

Please note

This website reflects the personal opinions of its authors. Any e-mails received may be published along with the full name of the sender. If you wish otherwise, please say so.

All content appearing at should be presumed copyright 2004-2018 its respective bylined author unless otherwise noted or unless linked to original source.




June 2018
Sun Mon Tue Wed Thu Fri Sat
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30