Warren Cole Smith wrote a great article discussing this which was shared on Julie Roy's website and this quote stuck out to me. This is in regard to Jerry not being challenged when he told them he never broke any rules.
However, one thing he told The Post was at least half-true: “The board was gracious not to challenge that.”https://julieroys.com/falwell-fiasco-board/
I say “half-true” because Falwell was right that the board didn’t challenge him. The half that was not true was his use of the word “gracious.” That is not the word that comes to mind to describe the board’s behavior. Other words come to mind, including “wasteful,” “impotent,” and “cowardly.” The board’s unwillingness to “challenge” Falwell will now apparently allow him to walk away with $10-million in donor, student, and alumni funds.
So where were they and what do we as alumni do? I honestly don't know.