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Apr 26th, 2017
A scathing audit of the University of California’s budget has uncovered $175 million in hidden dollars. Kathryn Lybarger, President of Local 3299 of AFSCME, the UC system’s...
Mar 15th, 2016
On the broadcast today we had Melissa Cropper, President of the Ohio Federation of Teachers, and she talked about State Report Cards and the International Summit on the Teaching...
Mar 14th, 2016
UC Chief Investment Officer Jagdeep Singh Bachher recently announced that the university will attempt to decrease its costs by further reducing its number of hedge fund managers,...
Mar 10th, 2016
The University of California’s endowment, which manages $2 billion in hedge fund investments, plans to pull money from the worst-performing managers and redirect assets to top...
Mar 8th, 2016
Even after the tripling of in-state tuition, substantial cuts to student services, employee pension reform, the infusion of Proposition 30 funds and a multiyear budget agreement...
The University of California’s largest employee union released a study and follow-up report last Tuesday detailing the UC system’s loss of nearly a billion dollars in a series...
Mar 7th, 2016
The University of California’s largest employees’ union released a report March 1 detailing what it calls an underperformance of the UC system’s “experiment” with hedge...
Mar 4th, 2016
Imagine paying one billion in fees and getting the same results if you had just read the financial pages of a newspaper. The big question is who made these decisions? Why did they...
Mar 3rd, 2016
The University of California’s largest employee union released a study Tuesday that showed the University has paid about $1 billion to hedge fund managers over the past 12 years...