Robert Hornsby News
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Two of four men convicted last month of stealing more than $5 million from New York’s Columbia University were sentenced to as long as 21 years in prison.
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Four men accused of the theft of more than $5 million from New York’s Columbia University were convicted of all counts against them after a jury trial, Manhattan District Attorney’s Cyrus Vance Jr.’s office said.
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Columbia University’s investments rose 17 percent in the past year, beating gains of Harvard University, the world’s richest school, and the returns of a broad group of institutions for the second year in a row.
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Harrison David, one of five Columbia University students arrested on drug charges in December, was sentenced to six months in jail and five years of probation yesterday.
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Columbia University, the Ivy League school whose endowment grew the most last year, sold $100 million of 30-year bonds in its first corporate-debt offering since 1996.
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Adam Klein, one of five Columbia University students arrested in December 2010 and charged with selling drugs on the New York City campus, was sentenced to five years’ probation after pleading guilty in January to attempted criminal possession of a controlled substance.
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When a Beijing organization with close ties to China’s government offered Stanford University $4 million to host a Confucius Institute on Chinese language and culture and endow a professorship, it attached one caveat: The professor couldn’t discuss delicate issues like Tibet.
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New York Mayor Michael Bloomberg said the city may select multiple universities as winners in his competition to open new engineering campuses to create jobs.
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Harrison David, one of five Columbia University students arrested on drug charges in December, was sentenced to six months in jail and five years of probation.
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Five students at Columbia University in New York and three alleged off-campus suppliers were arrested as part of a ring that sold drugs at fraternity houses and other on-campus residences, police said.
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