March 17, 2009

Bowling Green State U. Also Invested With Traders Now Accused of Fraud

By Paul Fain

Bowling Green State University, in Ohio, had $15-million invested with two Wall Street veterans who face criminal charges for allegedly misappropriating $554-million in institutional investments, including $114-million from the Carnegie Mellon University and the University of Pittsburgh.

Bowling Green officials said Monday that the university's missing money was invested with Westridge Capital Management, a company owned by Paul R. Greenwood and Stephen Walsh. According to the

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