This case provides a summary of a situation in which a newly appointed superintendent and his new chief financial officer of a midsized urban school district uncover a massive set of fiscal problems which had been previously hidden from the Board and most other stakeholders. How do the district's top leaders make decisions about how to address the…

The role of the university in programs to stimulate economic development is examined, and the case of one such program that failed is described. Problems within the program included financial losses in large projects, corruption, widespread public criticism, and criminal convictions of two top program officers. Possible solutions, including…