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September 26, 2006

Bad publicity is better than no publicity

Great... you love picking up the WSJ and seeing this on the front page...

Vanderbilt Chancellor needs to "reign in spending"

(this link goes to WSJ; if you dont have a login, i'm sure you can find it reprinted elsewhere...).

Not News: Vanderbilt's Chancellor Spends Tons of Cash

Ok, so pretty interesting article (especially the part about illegal substance use at the university mansion).  But, I doubt very seriously Gee's spending habits are much different than chancellors at other schools.  I know plenty of schools whose de-facto heads-of-state in either academics or athletics have been caught abusing funds, giving favors to supporters, or fraternizing with the co-eds.  Heck, Gee spending a ton of money (when he's brought in millions during his tenure), who cares?

I'd rather him spend like a Rockefeller and raise the rankings and endowment of the school than sit back and watch the paint dry. At least we're getting something for the money...

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