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American colleges are using shell companies to skirt taxes and bury investments that might spark campus protests

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American colleges are using shell companies to skirt taxes and bury investments that might spark campus protests, leaked documents show
Wednesday, November 8, 2017 1:06 PM EST

Schools have increasingly turned to secretive offshore investments, the files show, which let them swell their endowments with blocker corporations, and avoid scrutiny of ventures involving fossil fuels or other issues that could set off campus controversy.
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