Richard Blum: Godzilla Regent

by on Mar 17th, 2010

Blum at UC Berkeley

Darwin Bond-Graham contributed to this story.

On March 9, Blum Capital Partners executives held a meeting at the Cavallo Point Lodge at Fort Baker, in Sausalito (Marin County). Current and for­mer campus workers from UC Berkeley, UC Davis, and UC Santa Cruz — joined by several student sup­porters — were on hand to challenge Richard Blum on the poverty he promotes in his capacity as a UC Regent. Blum, who fashions himself as a global anti-poverty crusader by way of his Blum Center for Developing Economies at UC Berkeley, has had a primary hand in shaping the policies that have led to deep pay cuts and widespread employee layoffs at UC campuses. Moreover, as a leading finance capitalist and political influence peddler on a global scale, he and his ilk have played a strong role in causing the ongoing global economic meltdown — and the various financial austerity measures it is leading to.

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