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Sunday, November 15, 2009

For University Presidents, a pay cut is in order

If I were a University President responding to the Globe's admonition (November 5, 2009:A16) to take a pay cut, I would say, "I will be the first to take a cut once those Finance Professors in the Business School take a cut. They, after all, either devised the derivatives that sank the economy, or trained the people that did. The Finance Professors need to give back in a big way."

I am waiting to see if they do.

Sent to Boston Globe

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