Private-equity firm TPG said it fired William "Bill" McGlashan, an executive caught in the college-admissions scandal. TPG said he was terminated, but in a note to board members McGlashan said he resigned. The firm is letting investors take out their money from the latest fund McGlashan was raising. Private-equity company TPG said it fired William "Bill" McGlashan and would let investors pull money from the fund that he ran. McGlashan was first placed on leave on Tuesday after he was among dozens of parents and coaches indicted by the FBI in an alleged scheme to get students into elite colleges.