The New York Times reported Monday:

The City University of New York is investigating whether a recent $500,000 donation intended to bolster the humanities and arts at its flagship school may have been improperly diverted.

The inquiry was prompted by senior faculty members at the school, the City College of New York, who learned that an account that should have contained roughly $600,000, thanks to the donation, had just $76. Faculty members asked City College officials for an explanation, but were met with “silence, delay and deflection” before appealing directly the university’s chancellor, James B. Milliken. Mr. Milliken then asked Frederick P. Schaffer, the university’s general counsel and senior vice chancellor for legal affairs, to look into the “the expenditure of monies donated,” according to documents obtained by The New York Times.

This is part of a followup to a piece the Times ran last spring, which I blogged about, and which claimed:

Documents obtained by The Times indicated that the college’s 21st Century Foundation paid for some of Ms. Coico’s personal expenses, such as fruit baskets, housekeeping services and rugs, when she took office in 2010. The foundation was then reimbursed for more than $150,000 from CUNY’s Research Foundation. That has raised eyebrows among governance experts, because such funds are typically earmarked for research.

It’s unclear what the $600,000 went to, and who made the decision. Hence the investigation, which involves federal prosecutors. But at a minimum, it seems clear that the money was used for purposes it was not earmarked for.

I used to think that corruption was just one of those do-gooder good-government-type concerns, a trope neoliberal IMF officials wielded in order to force capitalism down the throat of developing countries. After years of hearing about stuff like this at CUNY, and in some cases seeing much worse, I’ve come to realize just how corrosive and politically debilitating corruption is. It’s like a fungus or a parasite. It attaches itself to a host, a body that is full of possibility and promise, a body that contains so much of what we hope for, and it feeds off that body till it dies.

One of the reasons why, politically, it’s worse when corruption happens at an institution like CUNY or in a labor union — as opposed to the legalized or even illegal corruption that goes on at the highest reaches of the political economy — is that these are, or are supposed to be, sites of opposition to all that is wrong and wretched in the world. These are institutions that are supposed to remove the muck of ages.

It’s hard enough to believe in that kind of transformative work, and those kinds of transformative institutions, under the best of conditions. But when corruption becomes a part of the picture, it’s impossible.

Corruption is pure poison. It destroys everything. Even — or especially — the promise of that transformation.