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When Knowles took over as interim dean this past July, he received the CPC subcommittee’s report on Shleifer. The dean has declined to detail the contents of the report or to say whether Shleifer has been punished, citing FAS policy against commenting on personnel matters...
Knowles was the dean of FAS in 2002 when Shleifer was originally elevated to the Jones professorship. That was three years after Shleifer received a prestigious prize awarded to the top American economist under age 40, the John Bates Clark Medal, which his close friend, Lawrence H. Summers, had won six years earlier...
When Summers said that he was not sufficiently knowledgeable about the case to express an opinion, he lost the support of several senior FAS professors and members of the Corporation...
...Though FAS regulations do not require Knowles to make his course of action public, he is not bound by the same confidentiality rules that prevent CPC members from speaking publicly about the case...
...FAS rules state that investigations of misconduct should be kept confidential “to the extent that it is appropriate and consistent with other obligations of the Faculty...