The school formerly known as Nyack College has had money troubles for years. But school leadership is optimistic with rising enrollment.

One of the few evangelical colleges in New York City is in sudden financial crisis, and students are planning for a possible shutdown.

Bill Hwang is at the center of what white-collar crime experts see as Wall Street’s biggest indictment since Bernie Madoff.

A former director of Bill Hwang’s investment firm, seeking millions in compensation, said Grace and Mercy was used as a financial “escape pod.”

화이트칼라 범죄 전문가들이 버니 메이도프 이후 월스트리트의 가장 심각한 기소 대상으로 보는 범죄의 중심에 빌 황(Bill Hwang)이 있다.

比爾·黃（Bill Hwang）是白領犯罪專家眼中的自伯尼·麥道夫（Bernie Madoff）以來華爾街最大起訴案的中心。