>> It's not as if UMC _wants_ to have a chair named after a convicted
felon,
>> after all. It's just that, for now, there's not a damned thing they can
do
>> about it, until they have really creative lawyers.
>
>They can return the money.  :-)

From what I hear, they can't. And I'm not sure they can do anything with
it other than use it for the Kenneth Lay Professorship of whatever. That's
the trouble with irrevocable gifts: you have to keep it, you have to use
it for the stated purposes - unless you have _really_ sharp lawyers, which
I'm not sure UMC has right now, else the university wouldn't be so
publicly
annoyed.

. . .it looks like the lawyers that Lay hired for estates-and-wills
purposes
were more effective than his defense lawyers, doesn't it? <grin>

Alban