New York Times: American University chieft investigated over spending
In the next few weeks, the board of American University will decide the future of its longtime leader, Benjamin Ladner, who has become the latest college president to be investigated over the nature of his spending.
Dr. Ladner, who earned $663,000 for the 2004-5 academic year, was suspended last month while investigators hired by the university began to examine recent financial records. Documents from the investigation obtained by The New York Times suggest that over the last three years he and his wife, Nancy, spent nearly $600,000 on airline tickets, hotels, limousines, food, a chef, a social secretary and household items – expenditures that were charged to American, but that lawyers for the university say have no apparent or documented business purpose.
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