This week brought terrific news from Owsley Brown Frazier in the form a $25 million gift to the University of Louisville. This should in no way overshadow that.
However… you’ve gotta hear the gossip rolling from some very powerful folks.
After the news crews rushed back to their stations to file the story about Owsley’s gift? That’s when the University of Louisville Foundation Board kicked into high gear.
Guess what they’re trying to keep under wraps until after the hospital merger gets approved?
They voted to give Jim Ramsey a 25% pay raise and another $500,000 in deferred compensation for every two years of service at the University. Guess we know where Owsley’s money is going instead of academics and research.
We’re sorry to upset all the back room dealers but this is just obscene. This serves as yet another example of the great lengths to which some will go to bilk well-intentioned donors at UofL. It’s not the Robert Felners of the world that we need to be worried about.
4 responses so far ↓
1 Novena // Dec 21, 2011 at 5:32 pm
“The Owl Hoots, JR Opens His Arms Wide”
Question of the Day: If this stuff is true, what is JR giving Owsley? Given the secrecy at Belknap, it is likely that we will never know. The beat of darkness drums on . . . and academic education is the perennial loser.
2 Ozzy-O // Dec 21, 2011 at 6:14 pm
And we’re expected to believe there is no underhanded deal going on with the hospital merger? Puhl-leeeze! If JR and his cronies are ashamed to let the public know about his raise, what else are they keeping quiet?
3 UKeye // Dec 21, 2011 at 11:03 pm
yep, you shouldn’t worry about Felners. They are such small critters compared to presidents – they barely harm ya!
4 Jocko Flocko // Dec 22, 2011 at 9:50 am
Just another 25 million for UofL to stuff under one of many secret (non-public) mattresses while they send their lobbyists to Frankfort pleading poverty for their public institution.
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