As members of the Colby community, we have a strong interest in upholding
the values of our school. We feel the Board of Trustees decision to “strongly support” Mr. Bob Diamond as chairman of the Board reflects poorly on these values.
Mr. Bob Diamond was the CEO of Barclays Bank when it fixed the London
Interbank Offered Rate—one of the essential rates in the global financial system—
for which the bank was fined over $450 million. Whether or not he knew of the
manipulation, this reveals a serious failure in his judgment as a leader. As such, we
respectfully request:
A.) That Mr. Diamond resign his position as chair of the Board of
Trustees and
B.) That the Board of Trustees submits a public statement distancing
themselves from Mr. Diamond’s business practices and reaffirming their
commitment to integrity and transparency.
Updates
October 10, 2012
I am honestly overwhelmed by how many people have joined this effort since I first put it up. This momentum belongs entirely to you and your commitment to the integrity of our community. I never imagined it would grow this far.
6 Comments
Absolute joke that he is still there. fix the board already.
This reflects so badly on the institution. Please do the right thing and cut ties.
The school should be aiming for higher standards than this. Really disappointed in the leadership right now.
How is this guy still allowed to oversee anything at the college? Total lack of accountability.
embarrassing for all of us. we deserve better than someone linked to such a massive scandal.
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As members of the Colby community, we have a strong interest in upholding
the values of our school. We feel the Board of Trustees decision to “strongly support” Mr. Bob Diamond as chairman of the Board reflects poorly on these values.
Mr. Bob Diamond was the CEO of Barclays Bank when it fixed the London
Interbank Offered Rate—one of the essential rates in the global financial system—
for which the bank was fined over $450 million. Whether or not he knew of the
manipulation, this reveals a serious failure in his judgment as a leader. As such, we
respectfully request:
A.) That Mr. Diamond resign his position as chair of the Board of
Trustees and
B.) That the Board of Trustees submits a public statement distancing
themselves from Mr. Diamond’s business practices and reaffirming their
commitment to integrity and transparency.
Updates
October 10, 2012
I am honestly overwhelmed by how many people have joined this effort since I first put it up. This momentum belongs entirely to you and your commitment to the integrity of our community. I never imagined it would grow this far.
6 Comments
He needs to go. Integrity matters more than whatever money he brings in.
Absolute joke that he is still there. fix the board already.
This reflects so badly on the institution. Please do the right thing and cut ties.
The school should be aiming for higher standards than this. Really disappointed in the leadership right now.
How is this guy still allowed to oversee anything at the college? Total lack of accountability.
embarrassing for all of us. we deserve better than someone linked to such a massive scandal.
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He needs to go. Integrity matters more than whatever money he brings in.