As the Occupy movement grows across California and UC, protesters had called for a massive demonstration at the Wednesday meeting, claiming that regents with ties to banking “are the 1 percent” responsible for astronomical fee hikes and budget cuts. At least four regents have such ties, they said: Monica Lozano serves on the board of Bank of America, Dick Blum is head of Blum Capital Partners, Leslie Tang Schilling is an adviser at the Union Square Investment Company and Paul Wachter is CEO of Main Street Advisors… The agenda for this week’s meeting included no volatile issues, such as raising tuition. In the past, such votes have attracted large protests. Yet thousands of students from UC, California State University and community colleges across Northern California had signed up to go the regents meeting, activists said. They called the warning about “rogue elements” a cover-up.

Read full article [here].
by Nanette Asimov, The San Francisco Chonicle.

Posted: November 14th, 2011, by: admin. Categories: . Awaiting Comments.