Skip to content

“Professional Cassandras”?!?

April 17, 2009
tags:

From Academica’s Top Ten:

U of Toronto faculty association challenges administration over investment practices: At its Annual General Meeting on Tuesday, the University of Toronto Faculty Association passed a resolution commending its leadership for challenging administration over the management of the university’s pension plan and endowment investments, which resulted in a $1.3-billion loss last year. In a letter, uToronto’s president called UTFA leaders “pessimists” and “professional Cassandras” for criticizing the school’s investment practices. The association says the administration’s attitude indicates a need for a more cooperative relationship between the university and UTFA “in the management of its members’ pension plan, and in broader issues of governance of the University.” UTFA News Release

Advertisements

Comments are closed.

%d bloggers like this: