October 28, 2008
2 University Presidents Had Ringside Seats for Wall Street Meltdown
Two university presidents are among those feeling the heat from the collapse of the investment bank Bear Stearns.
Henry S. Bienen, president of Northwestern University, and the Rev. Donald J. Harrington, president of St. John's University, in New York, were among the 12 members of the Bear Stearns Companies' Board of Directors.
The fall of Bear Stearns has led to some of the first repercussions over the credit crisis, including shareholder lawsuits, criminal
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