Audio of Regents Meeting of 3-17-11

At the Regents meeting of 3-17-11, the session started with open comments. (A student from a class co-taught by yours truly in winter quarter was a speaker.) There was then a presentation by the UC-Davis chancellor, Linda Katehi, about developments on that campus, including budget concerns.

The Finance Committee approved options for borrowing for the pension fund from STIP and possible pension bonds. Oddly, but consistent with earlier presentations, the primary motivation is described as a kind of interest arbitrage. In fact, the original motivation for these options was the $2 for $1 issue; roughly each $1 of contributions by the Regents for the state portion triggers about $2 from non-state sources.

After approval of the pension options, there was a presentation on conditions in the medical centers. The theme was that although recent federal legislation will have an effect, the longer-term concerns about rising U.S. health costs will be a more powerful influence. The final presentation was on UC enrollments and student diversity. Finally, there was a series of routine approvals.

Below is the audio of the session (videos with a still picture) divided into nine parts.

Part 1: [Meeting gets underway at about the 45 second point.]

Part 2:

Part 3:

Part 4:

Part 5:

Part 6:

Part 7:

Part 8:

Part 9 (end):