Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.

Thursday, November 06, 2008

Native Oversight .......what a portrait

The founding director of the National Museum of the American Indian has agreed to repay the Smithsonian Institution more than $9,700 for improper travel and entertainment reimbursements, according to an audit released Wednesday.

The report from Smithsonian Inspector General A. Sprightley Ryan was issued to members of Congress and Smithsonian leaders following scrutiny last year of W. Richard West Jr.'s extensive travel expenses. He spent more than $217,000 on transportation and luxury hotels in 2006 and 2007, according to calculations in the audit.

The audit found the appearance of "lavish entertainment expenses and premium travel" but asked West to repay less than $10,000 and faulted lax oversight by past Smithsonian executives for most of the problems.

Smithsonian Secretary G. Wayne Clough, who took office in July, issued a statement saying the museum complex has strengthened its policies to ensure such excesses "never occur again."
Attorney apologizes for excesses West's attorney, Michael Bromwich, said the report largely cleared West of any wrongdoing. Still, he apologized for any excesses. "I accept the (inspector general's) conclusion that I should have exercised better judgment," West wrote in a statement. "I have without hesitation agreed to reimburse the funds."

West, a member of the Cheyenne and Arapaho tribes, retired in 2007. The report noted that during 17 years at the Smithsonian he raised more than $155 million to establish the American Indian museum and was a "beloved and accomplished leader."

The museum, which opened on the National Mall in 2004, drew 1.8 million visitors in 2007.

Ryan's report said West traveled more than any other Smithsonian executive because of his job but sometimes mixed business with personal vacations. Some of the improper reimbursements were attributed to administrative mistakes, while in other cases West asked to be reimbursed for more than receipts showed he paid. West also charged the Smithsonian for some expenses relating to his work with universities or museum associations.

West agreed to repay about $1,400 for breaking two travel rules, one limiting first-class train travel and another on charging for laundry service while traveling abroad.

On trips to Europe, West stayed in four- and five-star hotels, spending more than $1,000 a night for a hotel and expenses in Venice, Italy, though he wasn't asked to pay back most of that money.

"We see no justification for this level of accommodation," Ryan wrote in the report.

The audit confirmed the museum, with some help from donors, spent $48,500 for a portrait of West and more than $30,000 for an eight-minute video extolling his leadership.

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