Jan. 25th, 2006

billeyler: (Default)
On Saturday and Monday, there were articles in the local papers and the UNM paper that the Board of Regents was quietly and "secretly" meeting to discuss the fate of the University President, Louis Caldera, a favorite of our governor Bill Richardson.

Today, at 1pm, the President resigned after the Regents had met one last time. Through the rumors of the past few days, his office had "no comment." His hand-picked appointee in charge of Business, Dave Harris, is going to be interim prezorama until a new President is be-throned after what surely will be a protracted national search.

The problem appears to be that Caldera was trying to make the University run like a going-concern business, and that departments and department groupings would be responsible for maintaining a balanced budget. In his 2 1/2 years, apparently that either wasn't happening, or he rubbed way too many politicos the wrong way.

Ah, but is he REALLY resigning. Apparently, he's going to be on a one-year leave of absence and will return to the university as a law professor. His wife will probably be keeping her position as an occasional guest lecturer at UNM for $50,000 per year.

Interesting times.
billeyler: (Default)
On Saturday and Monday, there were articles in the local papers and the UNM paper that the Board of Regents was quietly and "secretly" meeting to discuss the fate of the University President, Louis Caldera, a favorite of our governor Bill Richardson.

Today, at 1pm, the President resigned after the Regents had met one last time. Through the rumors of the past few days, his office had "no comment." His hand-picked appointee in charge of Business, Dave Harris, is going to be interim prezorama until a new President is be-throned after what surely will be a protracted national search.

The problem appears to be that Caldera was trying to make the University run like a going-concern business, and that departments and department groupings would be responsible for maintaining a balanced budget. In his 2 1/2 years, apparently that either wasn't happening, or he rubbed way too many politicos the wrong way.

Ah, but is he REALLY resigning. Apparently, he's going to be on a one-year leave of absence and will return to the university as a law professor. His wife will probably be keeping her position as an occasional guest lecturer at UNM for $50,000 per year.

Interesting times.

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