George Roche broke serious vows of trust. Concentrated power is indeed corrupting. The board erred by ignoring transgressions. Such failures do not go unpunished. When an institution is explicitly devoted to fostering certain ideals, transgressions carry heavy consequences.
University presidents are under great pressure to raise money.
This often places them in conflict between the ideals of academic freedom and the realities of fund raising. Here are three examples from one state university. When their faculty publishes material offensive to powerful clientele, for example economists who expose hidden subsidies, the president is challenged to silence the truth speakers. His antics are reported and the governor directs the university president to punish the faculty who invited him to speak. The president did so.