Fundraiser Says Sexism, Not Financial Mismanagement, Cost Her Job

Article here. Excerpt:

'Kathleen Smith says her sex, not hiding millions of dollars in inappropriate spending, got her removed from the University of Louisville Foundation (ULF).

The foundation is a non-profit organization that raises money for the university. As The College Fix is reporting, an audit by Alvarez & Marsal has disclosed that Smith helped the former foundation president in the concealment of spending over an eight-year period.

Emails from the auditor detail just how Smith as foundation chief of staff sought to funnel $8.7 million of its endowment into shaky investments. She resigned last September not long after her boss, foundation and university president James Ramsey, pulled the plug.

But Smith’s lawyer says his client is the victim of a sexist “fall girl” plan that left her holding the bag for financial transactions that the foundation was aware of.'