Tagged: reserves

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Audit: University of California hid $175M in budget reserves from state and 10 executives analyzed had combined salaries of $3.7 million, or $700,000 more than those of their highest-paid counterparts statewide, after adjusting for cost of living.

USATODAY reports: The administration of the University of California (UC) system hid $175 million in budget reserve funds from state officials, a new review found, prompting the state’s auditor to call for “significant change” at...

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The Osage Indians were once the richest per capita people in the world due to oil reserves on their land. Congress then passed a law requiring court appointed “guardians” to manage their wealth. Over 60 Osage were murdered from 1921-1925, their land rights passed to the guardian.

Document in the “Hale-Ramsey Murder Case”, from the Oklahoman Collection at the Oklahoma Historical Society Photo Archives. The Osage Indian murders were a series of murders of Osage people in Osage County, Oklahoma in...