Wednesday, May 17, 2006

700 at UC awarded $23 million in exit pay

Lucrative deals for faculty, staff, some with legal claims
Tanya Schevitz, Todd Wallack, Chronicle Staff Writers
Wednesday, May 17, 2006

When UC Berkeley Associate Athletic Director Mark Stephens was passed over for a promotion at Cal last year, the university promised to keep him on the payroll, giving him $183,000 over three years while letting him take a full-time job somewhere else.

Two years ago, UC Davis agreed to give a medical professor, Dr. Casey Daggett, $150,000 in exchange for his resignation and a promise to drop all his legal claims against the university.

In 2002, the UC Berkeley athletic department forced administrator Kevin Reneau to step down but agreed to keep him on the payroll for 2 1/2 years at $86,000 per year so he could reach retirement age and his family could qualify for health care benefits.

During the past five years, UC has negotiated at least 700 separation agreements worth about $23 million, UC spokesman Paul Schwartz said Tuesday in response to a public records request by The Chronicle. The totals were actually higher, he said, because the figures omitted other agreements with employees at UC's three national laboratories or those that involved existing litigation.


Full Story

The continued public airings of each new bit of UC's dirty laundry, and the clear lack of ethical management within the UC system are why I have moved most of my retirement funds out of the UC packages, and into Fidelity funds. I don't think an institution such as UC can have as many of the faults within its infrastructure exposed as UC has in the past 2 1/2 years without the institution realizing significant financial damage.

Of course LANL has done a good bit of this too. Remember those managers who left after Walp/Doran? They got one year's pay, so they'd be quiet. The VP Bruce Darling testified before Congress that it pained him to pay the money but "on advice of counsel" it was paid. Of course "counsel" was directly involved in the case, so they had their own interests. Walp won a $900K settlement.

All of this, like the UC instances, are in fact "hush money". Public institutions should take these cases to open court, where the records are public, and we can see the evidence. Paying hush money simply allows the corruption to continue. Which is exactly why it is paid.... so the corruption can continue.

Walp/Doran and the cover up by LANL management, and legal counsel, led directly to competition of the contract. UC inaction was a part of the cover up, as they came, saw, and declared that Browne had the situation well in hand. The all too typical UC response to LANL problems. Too bad the Congress didn't buy it. So, now we have LANS, and the corruption figures to continue, as UC is still involved. We must hope for a thorough house cleaning California, and that some of it slops over into New Mexico.
When there's a settlement/payoff, presumably there is a manager or two responsible for the underlying employee abuse that led to it. I'd be curious to find out how many of the managers implicated by these 700-plus settlements/payoffs were ever disciplined. Even more revealing perhaps is the number that were promoted afterwards. Arrogance knows no shame.
I agree with Doug. What's next? Are we going to hear about some links/kickbacks between MLPs and Trusts UCRP has invested in and some folks within the UC hierarchy or their cronies?

It hardly sounds like it's all "hush money" - some of it sounds like "good ol' boys" taking care of their pals.

Well, now I need the list of those people so that when the Alumni Association of the UC campus where I got a degree calls to ask for a donation to help students deal with higher fees, I can tell them where to go.

Whew, at least Bob Dynes is still President. Thought the Regents were going to get rid of him there for a minute.
"Whew"? Is that a "whew" with your nose being held shut, or a "whew, whatta relief that UC will still be served by the likes of Bob Dynes, erstwhile physicist extraordinaire (-it could be WAY worse)"?
Too bad UC is too well connected with CA politics to face a federal RICO indictment.
Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?