Saturday, January 14, 2012

Birgeneau Brought Bain To UC Berkeley

and the Operational Excellence Exodus mission that is being copied system-wide at UC. Check out the full story on the Creative Destruction...also note the firms mentioned and their connection to UC movers and shakers.

Update- also consider these two stories:
Mitt Romney's Rationale On For-Profit Colleges At Odds With Reality

California Leads Nation in Unaccredited Schools (the same story in the NYT gets this headline treatment "California Leads Nation in Unaccredited Schools, and Enforcement Is Lax")

gee, hmmm - could any of it have anything to do with this?
also see: Off-Topic Column - Parcel Taxes, Bain, Romney, Executive Pay

"there is a good chance the latest effort by Senator Leland Yee to introduce legislation to prohibit pay raises for top university administrators during bad budget years, or when student fees are increased, will be successful.

According to the release from the Senator's office, the bill will also prohibit incoming executives from earning more than 105 percent of their predecessors' pay. UC and CSU have historically given new administrators more than double-digit pay hikes. In May 2009, the UC Board of Regents approved a $400,000 salary for UC Davis Chancellor Linda Katehi, which equated to a 27 percent hike from her predecessor."

More here: Yee Introduces Bill to Stop Higher Education Executive Pay Hikes

OC Register and SF Chron have coverage.
Protests set for UC regents meeting in Riverside
Activists and school officials are preparing for next week’s visit by the regents

1 comment:

  1. more on the Bane that is Bain:
    "Seemingly alone among private-equity firms, Romney’s Bain Capital was a master at bait-and-switching Wall Street bankers to get its hands on the companies that provided the raw material for its financial alchemy."