The University of Missouri is still trying to figure out what to do with an endowed chair in its business school. The chair was endowed by 1964 graduate Ken Lay. The University has been advertising for someone to fill that chair, but it’s had no takers. Lay faces 11 federal charges linked to the collapse of his company, Enron. The University says it will let the judicial process run its course before it decides whether to return or set aside the money Lay provided for the chair.
