UC Regents

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Alternative Choices

Yesterday, we ran this photo from a recent Regents meeting with a kind of multiple-choice test for incoming UC President Napolitano on what song was (now former) President Yudof likely NOT thinking of in the scene shown above.  But it has been suggested that he might not have been thinking about songs at all.  It might have been movie scenes.  So we will repeat the basic question modified to be “What movie scene below was President Yudof most likely NOT thinking about?” Selection A Selection B Or maybe he could have been thinking about some more recent films by an…

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At recent Regents meetings, Jerry left his Mark…

And now, Mark has left Jerry.  (The Yudof term concluded at the end of August.)  Today is September 1, so we are now in the era of Janet Napolitano.  And since she is coming from the Obama administration with its emphasis on objective performance standards for higher ed, it might be useful if she took a short multiple-choice quiz.  So below is a modest offering. Question: When the photo above was taken, which song was most likely NOT running through President Yudof’s mind? a. You’re Mean to Me [youtube http://www.youtube.com/watch?v=9k429BOuUGo?feature=player_detailpage] b. You Can’t Always Get What You Want [youtube http://www.youtube.com/watch?v=PkGrkNu6mDg?feature=player_detailpage] c….

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Note for the Regents

Here’s a quote from Sacramento Bee columnist Dan Walters.  Might be something for the Regents (and our incoming UC president Janet Napolitano) to keep in mind: …Tom Hayden, the politician/journalist who protected Brown’s left flank when he was paddling his political canoe to the right three-plus decades ago, points out in a new Rolling Stone article about Brown that the governor tends to become very stubborn when he’s wrong on an issue. “He does have a problematic side,” Hayden told Rolling Stone. “He’s the kind of guy who, when he knows he’s wrong, argues harder.”… Walters’ column deals with Brown’s…

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Is the UC Pension Fund Other People’s Money?

The LA Times today is running a story about a group that wants the UC Regents to divest their funds from “fossil fuels.”  [If you listen to the recordings of past Regents meetings on this blog, you can hear the group’s representatives speak at recent public comment sessions.]  We have a student regent-elect who has pushed in the past to divest from Israel.  When a school shooting incident occurred in Connecticut not so long ago, UC divested from gun companies.  Court decisions regarding public disclosure of info from UC investments in private equity funds have made it difficult for UC…

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Regents: Have We Got a Deal for You!!

The image shown here is from a November 2004 video of a Santa Monica city council meeting, which appears to be the first such meeting the city videoed.  It is still on the web nine years after the event.  In contrast, the stated policy for Regents meetings is that video will be preserved for one year only.    The current policy also seems to mean that audio of the event as a file is not being made available as a public document as it was before the current calendar year.  To obtain the audio to archive under current policy –…

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Listen to the Special Regents Meeting of Aug. 8, 2013

A special meeting of the UC-Regents was held by teleconference to approve the appointment and compensation of incoming Riverside chancellor Kim A. Wilcox, formerly provost at Michigan State U.  There were no public comments made by non-regents at this session, although time was available for such comments.  Governor Brown voted “no” on the compensation package which included an 8.9% raise in salary relative to the previous chancellor.  He cited concerns about growing income inequality in society, the fact that there were chancellors on other campuses who were paid less, and the labor dispute with AFSCME.  Lt. Gov. Newsom also voted…

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No Comment

Readers of this blog will recall that at the last Regents meeting in July, there was a controversy over the appointment of a new student regent-delegate due to her support of a campaign to divest UC funds from Israel.  Several regents spoke on the issue.  One abstained from voting for her.During the debate, outgoing President Yudof didn’t have much to say about the issue.  That might not be surprising except for his remarks at a conference about a month before the meeting: [youtube http://www.youtube.com/watch?v=FoyXqoJH7Ak?feature=player_detailpage]

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I know it’s unpleasant to hear but…

When you listen to Regents’ comments at their meetings on the state budget, you have the impression at times that they think that the state and governor have reversed course and now acknowledge responsibility for the UC pension plan.  So, for the record, here is the Legislative Analyst’s summary of the latest state budget and the UC pension: Contains Intent Language Regarding UC Retirement Costs. The budget plan does not designate any funding for UC employer retirement costs, though the university expects these costs to increase by $67 million in 2013-14. Budget trailer bill language states, however, that the absence of…

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Where the money is

Willie Sutton was supposed to have explained that he robbed banks “because that’s where the money is.”  As this blog has pointed out on numerous occasions, while the regents and the governor worry about finding efficiencies and about saving some money via online education, big bucks capital projects – such as UCLA’s Grand Hotel – get little scrutiny.  And even when questions are asked – as occurred with the Grand Hotel – the requests are ultimately approved.  The San Francisco Chronicle has an article about a nonprofit entity that works on tallying and “visualizing” publicly available data.  You can find the…

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Looking Under the Egg

The latest “Our University” newsletter from UCOP has an article about the increase in pension contributions recently enacted by the Regents.  When you look at the newsletter, there is a illustrative “nest egg” illustration – shown above – which you click on to read the article.  Now it’s not clear what the chart below the egg shows.  But let’s hope the downward falling line on the chart under the egg isn’t the future funded status of the pension plan.  As readers of this blog will know, while back in the day, the plan was (more than) fully funded, the long…