audits and missing money

12/23/2009: Here’s an interesting story in insidehighered.com about faculty hiring independent auditors to figure out the actual financial position of their universities. Apparently Frances Dyke is not the only VP for Finance with negative credibility. Here at UO we hear that Brad Shelton is still trying to disentangle the mess that Frances has allowed to build up over the years. Unfortunately Brad has no staff, and Frances still has all the power. Why hasn’t Larviere fired her yet? Rumor is that a few weeks back someone found $7 million tucked away somewhere, unaccounted for and unknown to Frances. Merry Christmas. Another part of Moseley’s rainy day fund, perhaps?

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