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Keyword: improperpay

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  • CA: UC regents allow dozens of executives to keep improper pay

    07/21/2006 8:19:45 AM PDT · by NormsRevenge · 7 replies · 390+ views
    The University of California's Board of Regents created three high-ranking jobs to supervise the system's troubled finances Thursday, the same day it agreed to let about 60 top executives keep some $1 million in extra compensation they weren't supposed to get. The regents retroactively approved the raises and other perks, most of which audits had revealed were obtained by the president's office without going through the proper channels. Three separate audits - performed by the Bureau of State Audits, an outside firm and the university's internal auditor - were launched after the San Francisco Chronicle reported that executives were getting...