UC's "Gambling in Las Vegas"
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Uploaded on Sep 9, 2010
A video of a UC Regent discussing their investment strategies.
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All Comments (4)
JSTATCount 2 years ago
UC Regent George Marcus says in the video, "We should go to Las Vegas, that is part of the portfolio" before being shut down by other members of the UC Regents Board. Marcus seems to care about the bad investments in TPG Capital (Chairman Blum is a partner) and Apollo Management's (Schwarzenegger is a limited partner) ownership of Harrah's which has lost $10 billion so far. Corruption caught on tape while these thieves raise tuition rates for the UC system?
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