Tag Archives: financial crime

Double Documentary Wednesday: Inside Job

Want to watch a documentary this Wednesday? Wesleying’s got your back! Want to watch two documentaries at overlapping times this Wednesday? The Community Banking Working Group‘s got half your back:

As part of the ongoing campaign on campus for responsible, community banking, there will be a screening of the documentary film “Inside Job” on Wednesday at 6:30 PM in Usdan 110. We all know that the catastrophic (and ongoing) financial meltdown of 2008 left us fucked, but do we understand exactly how? This film lays it out, in easy, accessible terms, and explains how the big banks were deliberately complicit in bringing about this society-shattering crisis.
This is part of an effort for students on campus to MOVE OUR MONEY from the malicious and thieving institutions that sealed the fate of the American masses with their irresponsible practices (Bank of America, et al.) to member-controlled, not for profit, local credit unions. Credit unions will be on campus ready to help students transfer their accounts starting April 26.
Keep your eyes out for further developments in this exciting campaign to take responsibility for the way this campus stores and invests its money!

Date & Time: This Wednesd’y, 6:30 eveningwise
Place: Usdan 110
Cost: At last count, $16 trillion
Firstbuck: Here it am

Vassar Embezzlement Scandal

Vassar has found itself embroiled in quite the legal morass(…er) — now that you’ve been sufficiently nauseated by that, you might be interested to learn of the comparably reproachable actions of former Vassar employee Arthur Fisher and his wife, Jennifer Fisher, who were arrested last Friday in connection with the embezzlement of approximately $1.9 million from Vassar College.

The good people of Mads Vassar have provided excellent coverage of the developing legal situation so far. For those of you not inclined to venture far afield in the blogosphere, here are the central details of the case:

  • Fisher, a construction project manager at Vassar, ostensibly managed to leech the money from the school’s construction capital budget under the pretense of funding a nonexistent project over the course of his five year tenure, which concluded last December.
  • Financial inconsistencies found during an examination of project reports tipped off administrators to Fisher’s withdrawals (no word has yet been issued on the precise methods used by the defendants to accrue the cash money flo’).
  • A search of the Fishers’ Ossining home turned up five vehicles whose total value hovers around half a million dollars, several Rolexes (appraised at around $50k), and perhaps most disturbingly, a staggering cache of unregistered firearms and forged government identification.

Links to further reportage (Washington Post, Huffington Post, Poughkeepsie Journal, Associated Press) can be found here.

[Photos credited to the Poughkeepsie Journal]