Credit Where It’s Due?
CaliforniaWatch has an article today about deals between credit card companies and universities which give the card offerers exclusive rights to mailing lists. The article is based on data released annually by the Federal Reserve. It appears that in the case of UCLA, the deal is with the UCLA Alumni Association and not UCLA itself. In 2010, the Association received $733,318 based on 26,505. The contract indicates that the card issuer has access to “members” defined as follows: “Member” means alumni, fans, ticket holders or supporters of the University of California, Los Angeles Athletic Department (“UCLA Athletic Department”) and/or other…