A report later that year from the state Commission of Investigation called for the removal of two DASNY board members who, according to the commission, withheld damaging information about the risky investments from other board members. However, the commission found no evidence of corrupt practice or criminal wrongdoing. George D. Gould was appointed chairman of DASNY to direct its recovery efforts; Gould stepped down in 1985.
A report by the state Commission of Investigation that year indicated that two DASNY board members should be removed who, as claimed by the commission, failed to disclose damaging information about high-risk investments to their fellow board members. However, the commission found no evidence of unethical behavior or criminal wrongdoing. George D. Gould was appointed chairman of DASNY to manage its recovery efforts; Gould resigned in 1985.