Will the insanity never end! - Printable Version

+- InsaneTrain Forums (https://insanetrain.com)
+-- Forum: General (https://insanetrain.com/forumdisplay.php?fid=4)
+--- Forum: General Forum (https://insanetrain.com/forumdisplay.php?fid=8)
+--- Thread: Will the insanity never end! (/showthread.php?tid=47433)

---

Will the insanity never end! - Flumper Barflusterbutt - 02-07-2009

The University of Texas hires an outside consulting firm to manage its investments. Well, this year, due to the economy, that fund has been hemorrhaging money at an alarming rate.

Yet, this year the University of Texas Board of Regents paid the CEO of that investment firm a $1 million bonus and gave $2.3 million in bonuses to other high ranking members of that investment firm.

Un-fucking-believable. These are friggin educators that basically work in public service. How the fuck can this still be going on?

---

Will the insanity never end! - Flumper Barflusterbutt - 02-07-2009

Quote:Disclosures that investment managers for the state’s Permanent University Fund approved more than $2 million in staff bonuses at a time when the value of the fund’s investments had plummeted by 27 percent ignited an uproar Thursday in the Capitol, with Gov. Rick Perry and Lt. Gov. David Dewhurst demanding that the bonuses be rescinded.

Holy fuck! Where do you get jobs like this?

---

Will the insanity never end! - Ntype - 02-07-2009

Flumper Barflusterbutt Wrote:Holy fuck! Where do you get jobs like this?

get into the politic.

Clearly this is just fucking unbelievable, how can bonuses be distributed when the thing is going well ? Incredible this is pure crockery.

---