Larry Small: Better at Spending Money Than Raising It
Sure, you thought we were overreacting when we called for Lawrence Small's resignation from the Smithsonian after his shady sellout to Showtime Networks. Finally, in March, the Smithsonian Board of Regents came to their senses and booted Small after it came to be known that he spent hundreds of thousands of dollars on private luxuries, such as pool heaters and chandelier cleaning. (Interestingly, we received an unusually high number of hits from the Smithsonian Institution domain (si.edu) on our post calling for Small's resignation in the week leading up to his forced resignation.) Now, following a three-month investigation, an independent committee has found that Small's fancy banking background wasn't translating into a big funding increase for the museum after all. In his last year as Secretary, Small raised less private funding than the previous secretary, Ira Heyman, a former Berkeley law professor, did in 1999.
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