Thursday, October 21, 2004

Letter from Nicholas Moore, Chairman, Board of Trustees :: President's Messages :: Saint Mary's College of California

Letter from Nicholas Moore, Chairman, Board of Trustees :: President's Messages :: Saint Mary's College of California: "
President's Messages
Letter from Nicholas Moore, Chairman, Board of Trustees
15 October 2004
Dear Members of the Saint Mary's Community,
Yesterday, our Board of Trustees heard the results of the Special Trustees Committee inquiry undertaken to determine the facts related to the unrealized pledges. The independent investigator, Neal Stephens of Cooley Godward LLP, delivered a 77-page presentation of findings related to the pledges and the elaborate and sophisticated scheme of deception surrounding them; the financing and construction of J.C. Gatehouse Hall; a summary of relevant Board policies and practices; and a series of general findings and recommendations"

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