Liberal Democrats, too lazy and stupid to compete
scholastically. This is the result of the present day inferior
California school system, once the envy of the entire free
world, after 40 years of Democrat control and parasitic
socialist union infestation.
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Kiss Your Job Goodbye
He believes in ethical investing — just not allegedly when it
comes to his son’s college.
One of the uber-rich parents swept up in the bombshell college-
admission cheating scandal, is a hedge-funder previously hailed
as a paragon of ethical investing.
But that didn’t allegedly stop him from paying $300,000 to
illegally buy his son’s way into USC — and then keeping the
truth from his offspring.
Now Bill McGlashan Jr., 55, has been put on “indefinite
administrative leave effective immediately” from his gig at
investment firm TPG Growth, the company announced on Wednesday.
McGlashan also sits on the founders board — along with
humanitarian-rocker Bono — of The Rise Fund, an investment firm
that purports to have “a deep personal and professional
commitment to driving social and environmental change,”
according to its Web site.
He is accused of making a $50,000 sham donation from his
personal charity to another charity run by William Singer in
order to have his son’s ACT test results doctored — and to get
pictures of his son Photoshopped so the boy would appear to be
an all-star athlete.
Then he paid the school another $250,000 to get his kid in the
door, court papers allege.
The ethical investor also plotted ways to keep the truth from
“Is there a way to do it in a way that he doesn’t know that
happened?” he asked one of Singer’s cronies in a phone call
recorded by the feds.
The witness suggested telling his son the school would help him
because he’s an athlete, but McGlashan retorted, “But I can’t
say that in front of [my son], ’cause he knows he’s not.”
And so Singer tried to cast the boy in the most conceivable
position for a scrawny kid: football kicker.
“I’m gonna make him a kicker/punter and they’re gonna walk him
through with football,” Singer said.
“Pretty funny. The way the world works these days is
unbelievable,” McGlashan laughed back.