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Feb 21st, 2014
The University of California has lost tens of millions of dollars, and is set to lose far more, after making risky bets on interest rates on the advice of Wall Street...
Nov 19th, 2012
Millions of dollars from the new tax revenue earmarked for the University of California system as part of the state’s recently passed Proposition 30 will instead be routed to...
Nov 18th, 2012
University of California faculty were troubled to learn from a new report that management has been compounding the university's already-dire financial problems by failing to take...
Nov 15th, 2012
Chairwoman Sherry Lansing and University of California President Mark Yudof opened the second day of the University of California Regents meeting with remarks celebrating the...
Nov 14th, 2012
A new internal report from the University of California shows that UC, like many public entities (cities, counties, museums, etc) engaged in risky, complicated credit swaps with...
During the bubble, many large institutions got a little greedy with their investments. They wanted lots of return, but no risk. And that's what Wall Street was selling in some of...
