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The
UC Regents
Provost MRC Greenwood Richard
Blum
John J Moores
Gerald Parsky
Sherry Lansing
Haim Saban
Ward Connerly
John Davies
Odessa Johnson
Joanne Kozberg
Monica Lozano
Judith Hopkins
David Lee
George Marcus
Peter Preuss
Velma Montoya
Norman Pattiz
Matt Murray
Tom Sayles
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UC Committee on Investments:
The UC treasury is a fund totaling over $ 53 billion in
endowments
and retirement portfolios. The UC is heavily invested in
the world's
largest corporations, some of the most irresponsible
businesses,
and most major weapons manufacturers. For instance, the UC
Retirement
Plan Common Stock Portfolio was invested up to at least
$137,213,309
in Worldcom Inc., now known as the corporation which
executed perhaps
the largest financial fraud in the history of the United
States
(Worldcom has subsequently been awarded the contract to
build cell
phone infrastructure in post-war Iraq). Other dubious
corporations
which the UC has supported through investment include, Tyco
International,
Halliburton ( the #1 military contractor in Iraq), among
others.
The UC investment funds are managed by David H. Russ. Russ
previously
worked as managing director of the University of Texas UTIMCO
(UT Investment
Management Corporation). Serving on the Regents Investments
Committee
are; Gerald Parsky, David Lee, Ward Connerly, Velma Montoya,
Peter Preuss,
Joanne Kozberg, Norman Pattiz, Haim Saban, and Richard Blum.
DOE Lab Oversight Committee:
The UC Regents also administer the contract between the
University
of California and the National Nuclear Security
Administration (a
semi-autonomous agency within the DOE) to manage the
nation's two
nuclear weapons design labs. These are the Lawrence
Livermore National
Lab located in Livermore CA, and the Los Alamos National Lab
located
in Northern New Mexico. The UC Regents have tied the
university to
the nation's nuclear weapons complex since 1943 when Los
Alamos was
founded. Subsequently, every nuclear weapon in the United
States
arsenal has been designed by a UC employee. The Regent's and
the
University's interest in the labs are complex, but they
include strong
institutional ties, personal financial interests, and a
tradition
and ideology of patriotism through "public
service."
Serving on the DOE Oversight Committee are Regents Peter
Preuss, Richard
Blum, John Davies, Velma Montoya, Gerald Parsky, Marcus, Norman
Pattiz,
Barbara Bodine, and Lawrence Seigler.
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