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Big Ten Discussing $2 Billion Private Capital Deal
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[QUOTE="FloridaCuse, post: 5574115, member: 8912"] One of the articles we've posted quotes the President of Maryland (I think) who chaired (chairs?) the initial committee that looked into outside investments. I recall that he denied that schools weren't being informed of all of the details. One strange thing to me is that either that committee or Petitti have insisted that the university BoTs has NO role in approving or signing onto the deal. That seems strange to me. Who are they to tell a member university whether their President/Chancellor has to consult his BoT. What may be unique about USC/UM is that their current president's are only "acting". I've also been wondering why all of the universities so apparently easily and readily signed on to the great disparity in the uneven distribution of the investment by UC Investments. I would have thought that some at least would have argued that it should be equal, even if down the road the revenue is unevenly split like the new ACC model. [/QUOTE]
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