I'm disgusted but not surprised. The Boulder campus is so overwhelmingly liberal, in such an overwhelmingly liberal town, that I'm sure their only concern has been how to ride out the scandal until they could quiety drop it.
That is exactly how many campuses deal with charges against the liberal elite--ignore it long enough and it will go away--shuffle a few papers, call some meetings, form a committee, tell the provost, spin the story to the local media, and act like your are abundantly concerned.