Cambridge (Mass.) College trustees have fired school president Mahesh Sharma after a lawyer presented evidence of widespread problems with the leader's hiring and financial practices, including the use of a college credit card to buy rugs for his home. The board cited financial matters and conflicts of interest in hiring as the cause for termination.
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FROM DECEMBER 2007: Trustees at Cambridge (Mass.) College have placed the school's president, Mahesh Sharma, on a six-week paid leave after concluding that he tried to use school funds for his nephew's college tuition and appointed a college vice president whose company had a contract with the school worth at least $170,000. Cambridge College serves about 2,000 students at three Cambridge sites, and another 6,000 at satellite campuses across the country.