| Apparently, Oberlin's President sent out the following email which states their insurance will pay > Dear Obies, > Today, Oberlin College and Conservatory initiated payment in full of the $36.59 million judgment in the Gibson’s Bakery case, an amount that represents the awarded damages and interest owed. Please see the college’s public statement below. > While this outcome is a disappointment, our financial plans for this possibility, which included insurance coverage, mean that this payment will not impact or diminish our academic or student life experience, or require us to draw down Oberlin’s endowment. > Like me, the majority of the campus was not here at the beginning of this matter in 2016. But it is also true that this case has been difficult for all of us who love this institution and its hometown. I am looking forward to all that is ahead, and remain focused on Oberlin’s core mission of providing a truly excellent liberal arts and musical education. > Carmen Twillie Ambar
> President |
The buck stops with my predecessor. Delightful executive engineering of the slimiest sort. One gets paid to own the past at that level. Accepting the job requires due diligence on the past and being paid to own any uncertainty. That is one disgustingly cowardly sentence meriting immediate action by the board to throw this bum out.
Notice, I don't care about the outcome but only the integrity that such an exec should show.