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...Finance Committee took notice, according to Dean A. Zerbe, then-senior counsel on the Committee for Senator Charles E. “Chuck” Grassley. Rose said he discussed possible legislative action to curb abuses by public charities with Zerbe after the Committee received the disclosure. Zerbe said in an interview that Rose was “certainly knowledgeable” about his area of work and that his early input to the Committee was of “extraordinary value” in shaping the ongoing review of rules governing university endowments...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Tax Concerns Aided Federal Inquiries | 4/23/2009 | See Source »

...though recent changes could bring more transparency to non-profits, Rose questions whether new disclosure requirements will be enough to curb the widespread unethical practices he says...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Tax Concerns Aided Federal Inquiries | 4/23/2009 | See Source »

...switch was on for all sorts of indiscretions,” Rose said. “I’ve never been that close to unabashed, raw greed in my life, up to and since then...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Tax Concerns Aided Federal Inquiries | 4/23/2009 | See Source »

Before joining HMC, Rose lectured in taxation at Northeastern University and worked as a tax manager for what is now PricewaterhouseCoopers...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Tax Concerns Aided Federal Inquiries | 4/23/2009 | See Source »

...While Rose only served as a tax director for a year at HMC before resigning, he previously helped prepare the company’s taxes for ten years as an independent contractor. Although he had never noticed any suspect activity at HMC before—he said he was simply given data from which to produce returns—his new position’s oversight and personnel access provided him with information that gradually coalesced into broader—and more disturbing—insights into the company’s complex network of operations...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Tax Concerns Aided Federal Inquiries | 4/23/2009 | See Source »

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