this reminded me of something that was in the press yesterday:

7) Series of Woes Mar Iraq Project Hailed as Model
James Glanz
New York Times
July 28, 2006
http://www.nytimes.com/2006/07/28/world/middleeast/28basra.html

BAGHDAD, Iraq, July 27 — The United States is dropping Bechtel, the
American construction giant, from a project to build a high-tech
children's hospital in the southern Iraqi city of Basra after the
project fell nearly a year behind schedule and exceeded its expected
cost by as much as 150 percent.

...

David Snider, a spokesman for the United States Agency for
International Development, the State Department agency in charge of
the project, said that technically, Bechtel's contract was not being
terminated because the contract did not actually require the company
to complete the hospital.

"They are under a 'term contract,' which means their job is over when
their money ends," Mr. Snider said. So despite not finishing the
hospital, he said, "they did complete the contract."

...

...nice work if you can get it...

Date:    Fri, 28 Jul 2006 17:36:42 -0700
From:    Michael Perelman <[EMAIL PROTECTED]>
Subject: making universities more like business
MIME-Version: 1.0
Content-Type: text/plain; charset=us-ascii

Conservatives have long demanded that academia adopt common business practices 
to
improve education.  I'm happy to report that public universities California 
have gone
a long way in that respect.

Here is an excellent report from the San Francisco Chronicle.

Jim Doyle. 2006. The money trail: How former top CSU administrators brought 
home big
bucks with special assignments. Monday, July 17,
<http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/07/17/MNGI5K07DM1.DTL&hw=gerth&sn=001&sc=1000>

Seven former California State University executives were each offered hundreds 
of
thousands of dollars to work on special projects for the chancellor's office
following their retirement from top administrative positions. In most of these
assignments, there was no requirement for a final work product or written 
report.

"I didn't need to tell the (Board of Trustees) about the assignments. I have the
responsibility to give those assignments," said Chancellor Charles B. Reed, the
university system's top executive. "I shared a copy of (private correspondence) 
with
the chair of the board."

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