We continue our catching up with the Regents by skipping to the May 18 session. We have already posted audio of May 16 and the morning of May 17. We'll come back to the afternoon of May 17 and the full May 18 session in a later post. In the meantime, below is a video of what California State Auditor presented to the Regents as a summary of her earlier report. Her comments were followed by discussion of the report which UCOP has promised to implement. The report dealt with reserve funds, various initiatives by UCOP, and seeming interference by UCOP with the auditor's survey of the campuses of their evaluation of UCOP's services.