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That story is apparently valid: allegedly happened outside Fleming's at Utica Square following a fundraiser, and was witnessed by university trustees. And, reputedly, was merely the final straw of several incidents that screamed "lack of judgement". But, in all honesty, I suppose it's fair to say: "Let he who is without sin (and without a reckless president who's irresponsible actions totally embarrassed the school, faculty, alumni, etc.) cast the first stone."