Tuesday, July 8, 2014
Lawrence Cunningham (George Washington) wrote a thoughtful post yesterday at Concurring Opinions about ongoing financial problems at Manhattan's Yeshiva University, home institution to Cardoza Law School. When the Madoff scandal hit the papers I remember reading that Yeshiva's endowment sustained a significant loss and it seems now that loss foreshadowed the broader troubles the university leadership now faces. In his blog post, Prof. Cunningham summarizes and critiques Yeshiva's ongoing efforts to change direction and restrore trust in the aftermath.
Cunningham has a new book, Berkshire Beyond Buffett: The Enduring Value of Values, releasing in October from Columbia University Press. His recent posts at Concurring Opinions on the book's themes, including yesterday's post and an earlier post, "The Babe Ruth of Good Business," have piqued my interest.