The Stanford chapter of Tri-Delt should be feeling quite lucky right about now. Even though it was the actions of a small group, that same kind of thing could have closed a 'lesser' chapter. I hope they know that they can no longer rest on the laurels of a 'letter of commendation from the University.'
And the Chapter RM officer! That's ridiculous! It's one thing for a seemingly unaware member to plan something like this, but the Risk Manager has to know better! (Unless the Stanford Tri-Delts are doing a horrible job training their officers.)
I also worry about the lack of sanctions from the Athletic Department on the football players. As others have said, it doesn't surprise me...just frustrates me. It's becoming more and more the case in the US that being a student athlete also means being above school law.