Prop. 30 funds for UC will go to Wall Street

Big thanks to Kitty for finding this one.  JPMorgan and the rest of its Wall Street cohorts are profiting at the expense of their public institutional clients--again.  Which, of course, means taxpayers pay for the government's gambling losses--again.

http://www.sfgate.com/opinion/openforum/article/Prop-30-funds-for-UC-will-go-to-Wall-Street-4031472.php

UC seeks to raise tuition another 10%

http://articles.latimes.com/2011/jul/02/local/la-me-uc-tuition-20110703