One downside of pimping your school name
Canada’s Queen’s School of Business has announced that it is returning a $1m donation from David Radler and stripping his name from a wing of its business school. Mr Radler, a former right-hand man of Conrad Black at Hollinger International, faces 29 months in prison for his role in a $32m fraud at the media conglomerate.
This comes soon after an announcement in August by Seton Hall University in New Jersey that it has stripped Dennis Kozlowski’s name from the building housing its business school. The decision came after Mr Kozlowski, a Seton Hall alumnus who was convicted in June of looting millions from Tyco, had called the university’s president and requested that his name be removed. Officials at Imperial College’s Tanaka Business School in London may be hoping for a similar call from their benefactor, Gary Tanaka. Earlier this year, Mr Tanaka was charged with theft from the Amerindo investment fund he once managed. All these schools could learn a lesson from the City of London University which renamed its business school after Sir John Cass when Sir John’s trust fund gave it a generous donation. Sir John’s name is unlikely to be slurred. The former Lord Mayor of London died in 1718 (via Economist).
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