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To: Trump20162020

Isn’t this the college that went bankrupt during her tenure as president?


10 posted on 06/23/2017 6:42:03 PM PDT by johniegrad
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To: johniegrad

Holding on to the FR tradition of not reading the whole article!


12 posted on 06/23/2017 6:43:17 PM PDT by johniegrad
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To: johniegrad

Yes, it did and that unsustainable loan is the big reason why.


24 posted on 06/23/2017 6:49:21 PM PDT by libstripper
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To: johniegrad

She screwed/bankrupted the school with some bogus land deal that made absolutely no sense at its face, funneled school funds to family in some off campus student workshop deal, and laughed all the way to the Swiss bank, no doubt.
Other than that, she is working for the children so quit being such a racist...;- )


25 posted on 06/23/2017 6:51:38 PM PDT by DanielRedfoot
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To: johniegrad
Adviser and aide to Bernie Sanders Bernie Sanders has described his wife as "one of [his] key advisers",[2] and he has employed her at various times as "an administrative assistant, spokeswoman, policy adviser, chief of staff, and media buyer".[2] In a 1996 article in The Washington Post, she was credited with helping him draft "more than 50 pieces of legislation".[11]

She has served in Sanders's Congressional office as Chief of Staff and as Policy and Press Adviser,[10] and also serves as an Alternate Commissioner for the Texas Low Level Radioactive Waste Disposal Compact Commission.[12][13]

Burlington College presidency

In 2004, Sanders was named President of Burlington College, a private, non-profit liberal arts school founded in 1972 in Vermont.[1][2] She significantly increased the small college's fundraising.[14] During her tenure as President, Burlington had an endowment of "about $150,000",[2] and fundraising revenue had increased from about $25,000 when Sanders first arrived to $1.25 million by 2011.[14] In 2010, Sanders oversaw the purchase of property formerly owned and occupied by the Roman Catholic Diocese of Burlington. The College based the real estate purchase on projections that enrollment would rapidly grow from fewer than 200 to as many as 750 students, with a corresponding income increase from tuition fees.[15]

In 2011, the college trustees, while crediting Sanders with acquiring a permanent campus for the 200‑student college, called a meeting for September 2011 and accepted Sanders's resignation. "We reached a decision which I believe is best for both the College and me," Sanders said after the meeting, "The board and I have different visions for the future and that’s perfectly fine."[2][14][16][17] Sanders's salary as President was $160,000, with a contract for the position through 2013; on departure, she received the title of President Emeritus and a $200,000 severance. With the College unable to collect on some promised pledges after Sanders had resigned, and the enrollment increase plans failing, the Diocese settled the loan debt with the College in 2015 for $996,000, less than the agreed amount, and with $1 million of the repayment made in shares of an unidentified LLC company.[18]

In 2016, Burlington College announced it was closing its doors effective May 27, 2016 due to "longstanding financial woes".[7][19] After leaving the Burlington College Presidency, Sanders became a member of the Vermont Economic Development Authority.[20]

In May 2017, it was reported that the FBI was investigating Jane Sanders for possible bank fraud related to her Presidency at Burlington. She is alleged to have knowingly falsified information on a bank loan application, in order to obtain funds to buy property for a planned expansion of Burlington College. Sanders is specifically accused of falsely stating that a donor had planned to give US $1 million to the college over several years when the donor in fact had merely promised to leave an unspecified sum to the college after her death.

Wikipedia
100 posted on 06/24/2017 6:32:17 AM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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