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College and University Discussion
Reply to "Feds uncover large-scale college entrance exam cheating plot"
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[quote=Anonymous]“PALO ALTO (CBS SF / AP) — The head of a Silicon Valley hedge fund who became ensnared in a massive college bribery scandal is stepping down. Manuel Henriquez will be replaced as CEO and chairman of Hercules Capital in Palo Alto. He was arrested in New York City and released on $500,000 bail after a brief appearance in Manhattan federal court Tuesday. Shares of the hedge fund plunged 9 percent on word of Henriquez’ arrest Tuesday Hercules said Wednesday that Henriquez will still hold a seat on the board and will serve as an adviser.” So the cheater is still on the Board???? [/quote]
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