Pension reform crusader David Crane steps down today as a
member of the University of California Board of Regents. That's because the state Senate didn't
confirm his appointment to the post within the year prescribed by law.
…Crane, a Democrat, was
Schwarzenegger's point man on public pensions. He contended that the state's
three largest funds, including UC's, were
committing "generational
theft" by understating their liabilities and siphoning money from
schools and social programs…
Full article: http://www.sacbee.com/2011/12/27/4146490/the-buzz-pension-reform-crusader.html
Full article: http://www.sacbee.com/2011/12/27/4146490/the-buzz-pension-reform-crusader.html
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