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Editorial: UC's case for executive pay

Source: Posted By: Phillips D...4646 days ago

To hear public officials talk, you would hardly know that the nation faces a major economic crisis, that California's state revenues are in trouble or that there's any need to reject business as usual.

Consider the 2008 annual report on executive compensation for the University of California system. It's prefaced with explanatory statements such as:

• Salaries have been frozen for 340 senior managers.

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