Next they'll make Jeff Skilling provost.

When the nation's premier confidence men could no longer sell the Brooklyn Bridge, they moved to university administration. I made this discovery while working for the Peace Corps in the 1960s, where we found one institution of higher learning after another was taking us to the cleaners by adding outrageous charges for "administrative overhead" to the cost of training our volunteers. New evidence comes from the case of Robertson v. Princeton, which you may recall reading about in this column, and where expert testimony has revealed that of the $195 million of Robertson money that was supposed to train graduate students for the foreign service during the period 1990-2003, only $26 million paid for instruction of any kind. Princeton also seems to have double-billed the Robertson Foundation and the federal government, actually managing to charge the foundation twice, for building a building, and for depreciation of the building.