Help Chip In to Cover Save Cooper Union’s Legal Fees

by Whitney Kimball on July 8, 2014 Newswire

Committee to Save Cooper Union from shane kandy on Vimeo.

Who wants to hear Cooper Union’s president Jamshed Bharucha explain why he spent $325,000 on his inauguration celebration, just one month before proposing tuition? Or hear the Cooper Union’s board of trustees justify spending $167 million on an extravagant new building the school couldn’t afford? Then it might be worth chipping in a few bucks to support the Committee to Save Cooper Union’s upcoming court battle with the school. If nothing else, we may finally get some public acknowledgement of bad decision-making.

Earlier this year, the group of concerned alumni, students, and faculty filed a lawsuit against Cooper Union’s Board and President for violating its fiduciary duties and the school’s charter. The affidavit details wasteful spending, murky decision-making and gambling the endowment on “volatile hedge-fund investments.”

Apparently, people are not ready to take this. At this writing, Save Cooper Union is $22,000 short of their $150,000 goal. C’mon Internet!

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