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Who is David Crane and why should you care?No, he is not related to Frasier and Niles.
In one of his final acts as governor, Schwarzenegger appointed David G. Crane as a UC Regent to a term expiring March 1, 2022. Crane has a solid record of opposing "public unions," so he is unlikely to be sympathetic to the plight of University of California employees. Don't take our word for it, read his SF Chronicle op-ed. Of course, University employees are not public employees. UC employees are covered by the UC pension fund, not CALPERS, and are paid by the Regents, not the state Treasurer. Given Crane's record and experiences, he is unlikely to support fair collective bargaining. Senator Ted W. Lieu (D-Torrance), Chair of the Labor and Industrial Relations Committee, released the following statement regarding the confirmation of University of California Regent David Crane:
Crane is a DINO (Democrat In Name Only), who contributed thousands to the Bush campaign and often supports Republicans, like his buddy Arnold Schwarzenneger. While at Babcock & Brown, he reportedly brokered a jet-lease deal between Arnold and Singapore Airlines that allowed the movie star/politician to defer taxes on millions of dollars. Crane's 2009 statement of economic interest shows over $1 million in each of: Acacia Partners, Bislett Partners, Kensico Partners, Semper Vic Partners, Berkshire Hathway, HCP Absolute Return Fund and Farallon Capital Partners. The latter is one of the world's largest hedge funds, where many university endowments also invest. When the Bay Guardian asked reporter Peter Byrne if it was wise apointing investment bankers as Regents, he said, "Putting investment bankers in front of a plate of $63 billion is like putting a pound of hamburger in front of a bunch of feral cats. They are going to eat it. It's in their nature." [Apologies to the cats.] |
What is the least you can do? SIGN THE ONLINE PETITION. | |
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Write Governor Jerry Brown at: |
Senator Leland Yee Capitol Office State Capitol, Room 4074 Sacramento, CA 95814 Phone: (916) 651-4008 San Francisco Office 455 Golden Gate Avenue, Suite 14200 San Francisco, CA 94102 Phone: (415) 557-7857 San Mateo Office 400 South El Camino Real, Suite 630 San Mateo, CA 94402 Phone: (650) 340-8840 |
The Teamsters Put Crane
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