In addition to the vote on Proposition 92, Regent Gerald Parsky updated the board on what he said was positive progress regarding the Department of Energy lab contract.
Because of prior mismanagement of lab security, the contract with the Los Alamos National Laboratory was altered to include the consultation of a private company, which has cost the university $175 million in new taxes and contractual fees in the past year.
The regents also passed a motion which specified that a regent must fill the position of chairman on the oversight committee for the LANL and the Lawrence Livermore National Laboratory.
The regents also passed Regent Sherry Lansing’s motion to establish the title of Regent Emeritus for all ex-board members who had either fulfilled their term of office or served for a minimum of five years.
With the exception of Island, the regents agreed that this will help increase donations and assistance from ex-members.
“It degrades the accolade to give it indiscriminately,” Island said. “I am embarrassed to sit on a board that would create such an award.”
In other business, the board voted to approve President Dynes’ compensation package which includes an above-scale faculty salary of $245,000 at UC San Diego, a year-long administrative leave at his presidential salary of $405,000, a retirement pension of nearly $150,000, full benefits, and reimbursement for all moving costs back for him and his lab back to San Diego.
Garamendi was the lone dissenter opposing the compensation package in the face of what he considered unfairly low salary brackets for service workers and potential student fee hikes.
“Until this university deals with the bottom of the rung, I’m a ‘no’ vote on the top of the rung,” Garamendi said.
"Because of prior mismanagement of lab security, the contract with the Los Alamos National Laboratory was altered to include the consultation of a private company, which has cost the university $175 million in new taxes and contractual fees in the past year."
ReplyDeleteSay, what? Which company got a UC contract for $175 million for security "consultation" about the labs? Something doesn't sound right about all this. What's the real story here?
Remember that it was Parsky who orchestrated the raid on the UCRS pension fund.
ReplyDeleteParsky is a scumbag. I remember when he came to the lab and stood up there with his pink shirt and tanned like George Hamilton. I thought the guy was from the mafia.
ReplyDeleteYou thought he was from the Mafia? Study Parsky's background a little more closely and you'll banish all doubts! He's from the Wallstreet gang and those guys have turned greed into a whole new art form.
ReplyDeleteBTW, Gerald Parksy is now the Governor for both LANS and LLNS. That position allows him to have 'ownership' over the TCP1 pensions.
Care to find out more? Take a blast to the past:
lanl-the-rest-of-the-story.
blogspot.com/2007/05/
parskys-party-uc-regent-
whose-pension.html
11/16/07 11:22 AM:
ReplyDeleteUhhhhhh, no. $175M is the widely-quoted figure for the FY07 increase in operating cost due to fee, NMGRT, and TCP2.
Had your head under a rock for the past year, or what?
What, 11:43 AM? Isn't everyone at LANL still ecstatic over the fact that "UC won the contract"?
ReplyDeleteIf not, then we might have ended up like that dreadful lab, SNL, and started the task of diversifying our project portfolio so less than half of our funding depended on NNSA.
We don't want that to happen!
Trust in NNSA. We can depend on them to keep us funded so we're secure in our jobs and morale is high. Right? NNSA will never let us down. Never ever.
I thought Dynes was "the bottom of the rung..."
ReplyDelete