Posts Tagged ‘Transparency’
Now is the time for real openness and transparency when private lawyers are hired by the Attorney General to work for Louisiana taxpayers. This practice should not be done behind closed doors, as it is now.
The issue of higher education salaries has caught the attention of state Rep. Simone Champagne, R-Erath. She passed a resolution this session requesting that the Board of Regents “study executive compensation at the university system offices and boards.” The final report is due to lawmakers in early February 2013.
Potential conflicts and a growing interest in hedge funds have some eyeing Louisiana’s public retirement systems with renewed skepticism.
Pending website transparency requirements seek to place boards that govern public schools under greater scrutiny. But opponents caution that this is another layer of compliance that will transfer resources away from the classroom.
MPERS gambled with public money, and lost. If this were a private company, these disastrous mistakes would surely result in bankruptcy.