The Post and Courier: Despite Investment Fiasco, Board Extends President’s Contract
Charleston Southern University took steps to shore up its financial image Wednesday, creating a task force to review its investment policies after suffering what may be a $10.6 million loss in former professor Al Parish’s investment pools.
The disclosure came with an announcement that the school’s board of trustees gave a unanimous vote of confidence to school President Jairy Hunter, extending his contract through the 2012-13 school year.
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