Free Republic

SAN FRANCISCO California State University secretly paid millions of dollars to outgoing campus presidents and top executives, in some cases keeping them on the payroll up to five years after leaving office. Neither the chancellor nor trustees at the nation's largest public university system publicly disclosed the "transition pay," lucrative consulting contracts and tenured teaching positions, the San Francisco Chronicle reported Monday. Chancellor Charles B. Reed said his office spent as much as $4 million over the past decade for "special assignments" and paid leave for former campus presidents and vice chancellors. Reed said in a June 23 e-mail to...