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View Diary: URGENT: NYC Tonight—Stop Cop Move Against Student Protest! UPDATED!! (67 comments)

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  •  They want responsible oversight of the investment (0+ / 0-)

    Sounds like having oversight for TARP. Universities wouldn't be losing nearly the magnitude of money from endowments that they are if they'd let the smart economists in on what sorts of investments they were making. Many in the world of finance and economics have thought that unregulated trading in derivatives was a bad idea from the beginning, but they haven't been in positions to steer large investors-- like universities-- away from the practices and policies that give them free rein. And this is what you get, as a result: universities lose money, with bad leadership, and people are pissed.

    President-elect Barack Obama.

    by noabsolutes on Thu Dec 18, 2008 at 04:12:19 PM PST

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    •  hmmm (1+ / 0-)
      Recommended by:
      Pesto

      The Treasurer of our Board of Trustees is the Chairman of L3 Communications the company that perpetrated the Abu Ghraib misdeeds.

      http://newschoolinexileblog.blogspot...

      Satyagraha ~ there is no force in the world that is so direct or so swift in working.

      by under the bodhi tree on Thu Dec 18, 2008 at 04:48:35 PM PST

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      •  tacky .... (0+ / 0-)

        treasurer of the Board of Trustees, Robert B. Millard, because of his position as chairman of the executive committee of the military contractor L-3 Communications. L-3 Communications provides a large percentage of the "intelligence personnel" employed in illegal detention centers in Iraq, Afghanistan, and Guantanamo Bay, and is currently facing four lawsuits from Iraqis tortured at Abu Ghraib.  L-3 subsidiary, Military Professional Resources Incorporated (MPRI) also armed and trained both sides during the Bosnian conflict in the 1990s and armed and trained the Georgian army prior to and during their attack on Russia.

        http://www.zmag.org/...

        Satyagraha ~ there is no force in the world that is so direct or so swift in working.

        by under the bodhi tree on Thu Dec 18, 2008 at 05:17:36 PM PST

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