Crane Dropped the Ball and Now Sees Himself as Galileo
Our favorite ex-Regent, David Crane, is now comparing himself to Galileo for his unhelpful stand on the Regents regarding pensions. Readers of this blog will know that Crane was appointed in the fleeting minutes of former Governor Schwarzenegger’s term to the Regents. But he was never confirmed by the state senate and his term thus ended in late 2011. While on the Board, Crane – who evidently wanted to make government pensions generally his issue – was not helpful in differentiating the steps the Regents had taken in modifying UCRP from other state pensions such as CalPERS. UC is in…
