Davis Faculty Association

David Crane’s upcoming confirmation as UC Regent and Ohio’s legislative swipe at faculty

The focus on Wisconsin has prompted or accelerated a number of legislative actions directed at higher education around the country. The editorial pages and blogs are also ripe with oped pieces. A concern is the recent action taken by the Ohio State legislature (cf., summary and details in “Inside Higher Ed” and the Chronicle of Higher Education):



Closer to home is the response to an Op Ed piece by David Crane, whose confirmation as a UC regent is pending. As background, Crane was a partner in Babcock & Brown until 2003, a global investment and advisory firm that went into liquidation in 2008.

The following three links provide some useful background. CUCFA is opposing the confirmation of Crane. Robert Meister, Professor of Social and Political Thought at UCSC and President of the Council of UC Faculty Associations has said: “Crane would be yet another multi-millionaire Regent who made his fortune in investment banking — an industry that directly benefits when public employees are forced out of their existing plans and into the hands of Wall Street. The Crane appointment raises the stakes on this issue. Confirming him would bring the politics of Madison Wisconsin to California. However much he backpedals today, yesterday’s op-ed [attacking collective bargaining for public employees] was a red flag to the legislature that this Schwarzenegger appointment must be stopped. I applaud Senator Yee for getting the message and taking action.”

David Crane’s Op-Ed in the San Francisco Chronicle: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/02/27/IN5N1HUAMS.DTL

From the SF Bay Guardian – “Beware the billionaires behind pension reform” at: http://www.sfbg.com/politics/2011/03/01/beware-billionaires-behind-pension-reform

Senator Leland Yee’s (D-San Francisco)’s opposition to Crane is described in: http://www.sfbg.com/politics/2011/03/02/yee-plans-block-crane%E2%80%99s-uc-regents-confirmation

This entry was posted on Thursday, March 3rd, 2011 at 11:16 am and is filed under Financing Higher Ed, State Politics, UC Administration, Uncategorized, Working Together. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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