Unfortunately, the online WSJ is subscription-only, but there are blogs such as this National Review Online blog with excerpts available. Here's what NRO found interesting:

At Vanderbilt University, the board is trying to rein in star chancellor E. Gordon Gee, without running him off.

Since arriving here in 2000, the 62-year-old Mr. Gee has dramatically boosted the 133-year-old school's academic standing and overseen fund raising of more than $1 billion. Mr. Gee's $1.4 million annual compensation is among the highest for U.S. university leaders.

But supervision of Mr. Gee by the university's 44-member Board of Trust has "probably been a little loosey-goosey," says trustee Edward Malloy, a former president of the University of Notre Dame. Vanderbilt paid more than $6 million, never approved by the full board, to renovate and enlarge Braeburn, the Greek-revival university-owned mansion where Mr. Gee and his wife, Constance, live. The university pays for the Gees' frequent parties and personal chef there. The annual tab exceeds $700,000. Some trustees' concern was aroused when they learned that Mrs. Gee was using marijuana at the mansion. The chancellor told some trustees she was using it for an inner-ear ailment.

I wish I didn't have a midterm today so I could track down a WSJ and post more.