Gambling chief goes due to lack of degree

Southeast Asia News.Net
Friday 14th November, 2008

Terrence Lanni, the chairman and chief executive of US casino operator MGM Mirage has announced his retirement.

After facing questions about whether he had inflated his academic record, Mr Lanni announced his retirement effective at the end of the month.

He said, after 13 years at the helm of the casino company, it was time to pass on the baton to a younger generation

Questions about Lanni's academic credentials came up when The Wall Street Journal reported on discrepancies between Lanni's corporate biography and records at the University of Southern California, where his biography said he had earned a master's degree in finance.

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