WKYT 27 NEWSFIRST & WYMT Mountain News - Audit finds UT trustees need to better monitor private foundation

WKYT 27 NEWSFIRST & WYMT Mountain News - Audit finds UT trustees need to better monitor private foundation: "Audit finds UT trustees need to better monitor private foundation
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CHATTANOOGA, Tenn. -- A state audit criticizes University of Tennessee trustees for failing to take control of the private UT Foundation, which provided money for former big-spending president John Shumaker.
Responding to the audit, the board Wednesday asked the foundation for regular reports."