> Stanford said what the public wanted to hear. There's a bait and switch that colleges do. Also hospitals, but mostly colleges. On the one hand they go out a

> Stanford said what the public wanted to hear. There's a bait and switch that colleges do. Also hospitals, but mostly colleges. On the one hand they go out and tell people what a value driven organization it is, how their passion is making the world a better place -- when they are asking for money from people almost of whom have far less in the bank than they already do and when they are defending things like very adventagous tax rates. On the other hand when they get caught doing something that looks unprincipled or rapacious they all of a sudden become economists lecturing you about how of course every organization acts as an interest maximizier and what are you naive? Well maybe we were naive. But now that everyone knows what the deal is maybe they can lay off the disingenuous appeals for donations and tax expenditures. Fool me once and all that.