r/UCI•
thedoja

Anteaters, we really need to do something about this . . .

10% Tuition Increase expected next year, as reported by New U.

Also, here's a list of the highest paid people in the UC system.

Edit: Here's some more fodder for the upcoming day of action(fb link)....

"After Mr. Blum was appointed to the Board of UC Regents in 2002, UC invested $748 million in seven private equity deals in which he or his firm, Blum Capital Partners, was a major investor"

"Specifically, our investigation shows that, under the new regime on the investment committee, UC placed $2 billion into a series of private deals and publicly held enterprises with significant ties to the business activities of four regents: Wachter, Blum, Sherry Lansing, and Gov. Arnold Schwarzenegger."

"State Senator Leland Yee (D-San Francisco) was asked to review the findings of this investigation prior to publication. “These are amazing conflicts of interest,” he concluded. “They happened after the UC Regents’ investment committee drastically changed policy away from investing in fixed income securities and into risky private equity buyout funds—thus enriching several regents with ties to those funds.”"

Source

Posted Nov 3, 2010, 10:18 PM UTC · edited

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