"Records from the period of time when [Lee and Sword] were running it didn't exist" when the University investigated, Taylor says.
"We had an auditor come in who made a number of recommendations."
In addition, Taylor says, an advisory committee has been formed.
The committee, comprised of Dean of the College L. Fred Jewett '57 and other officials, periodically reviews financial records and receives reports, Taylor says.
In addition, double-signing is now required for large checks, Taylor says.
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A theft "would literally be impossible to happen right now," co-chair Rosen says.