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Dec 4th, 2012

Prop. 30 funds for UC will go to Wall Street

Passing Proposition 30 prevented hundreds of millions of dollars in near-term cuts to the University of California, a laboratory of innovation that fuels our state's economy. But...

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Media News

Nov 19th, 2012

Prop 30 Tax Revenues to Be Diverted from Higher Ed to Wall Street, Thanks to UC Board of Regents

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...

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Media News Reports

Nov 16th, 2012

University Of California Deals With Wall Street Banks Could Wipe Out Prop 30 Gains, Report Says

Earlier this month, California voters passed Proposition 30, a ballot measure containing a number of tax increases that will help avoid drastic cuts to the state's higher...

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Media News Reports

Nov 14th, 2012

Wall Street Guys Inside Public Institutions

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...

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