Sunday, June 29, 2014

U law professor is under fire from angry investors

Now this looks like a pretty sweet gig.  First you score $164,000 a year from your faculty position at the University of Minnesota Law School.  Then you take over as "director, officer, lawyer and stockbroker" for your father-in-law's business -- which, believe it or not, grows diamonds in a laboratory with a "patented 'chemical vapor deposition' process."  Despite the fact that the company loses $13 million dollars, you manage to extract "at least $3.85 million" for your law firm and brokerage while fighting off angry investors.

A university spokesman says the law school is "monitoring" the situation.

Read about the Howard E. Buhse Professor of Finance and Law in the Star Tribune.

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