"If you disagree with the goals of an organization, perhaps it is time to change organizations!"

Can't Mr. Ware see that we have been changing the goals of an organization guided by the vision and wisdom of our great leader, President Shelby Thames?

1. Does Shelby Thames have alot of private sector experience?

2. Did faculty get rid of Horace Fleming, as the letter implies?

3. Do you believe the story about the LSU finance prof getting year after year of leave to work for Ware and soak up all of his knowledge?

4. Is Ware implicitly suggesting to Thames that he hire all of the knowledge wealthy retirees (his contemporaries) living in the Pine Belt?  More General Blounts and  and people like the fictional W.J. Johnson?

dont know which utility ware worked for, but one of the largest elec utilities in louisiana(cajun) filed for bankruptcy protection and cleco(another elec co) is in trouble

real world sometimes(even in the protected environment of public utilities) does not work out all that great, even though mr ware seems to feel to the contrary

(also the guys running southern company, might should have listened a little closer in finance class when they were planning at murant)

quote:

---

Originally posted by: LVN
"How does a school become "highly accredited?" I thought you either were or weren't."

---

LVN,

I took that phrase to be a slam at accreditation.  Apparently it would be fine with Ware if Thames had succeeded in getting USM deaccredited.

Robert Campbell

quote:

---

Originally posted by: Cossack
"Jim Ware has an observation of one, which means he has no degrees of freedom to make a prediction. Moreover, the level of finance practiced in a regulated monopoly is more accounting than finance. They are guaranteed a fixed rate of return on their capital base. Their biggest challenge is to try to sneak more assets into the base and hope the regulator does not catch them. It would be easier to bankrupt a university than a power company. The exception to my generalization are those power companies who use derivatives to hedge coal, oil, or natural gas prices, or hedge if they buy power from other power companies. I doubt that a Louisiana power company was in the derivatives market during the period the professor was there. If they were into derivatives, I doubt that Jim Ware was in that section. Trading derivatives takes more mental horsepower then Jimbo has demonstrated."

---

Cossack, not only are you correct, but doesn't the guaranteed fixed rate (on capital) in this area sever any relationship between company performance (fixed) and CEO/Vice CEO competency/performance? 

However, we must recognize that success is gained by working together toward an established goal

We can trounce Ware for any number of sins. But, the above is an interesting one: what is (are) our "established goal(s)"? More students? Economic development? (Or should that be economic impact, as technology transfer, the new economy, the creative economy are so rarely talked about. Look at the vision of Barker at Clemson re: the biotech world, & you'll see why USM and Mississippi suck hind tit. Forget Boston and Route 28.) Mo' research dollars? An end to tenure? Mississippi Polytech? Hattiesburg Junior College? Midas and wealth for the individual? Nepotism? Rewarding friends?

Alas, we descend.

I don't appreciate a white collar blowhard who probably never worked 12 and 16 hour night shifts for 25 years caring for the infirm, demented and busted up saying that I don't know what it is like in the "real world"    Let him think about that before he opens his mouth about "faculty" again.    Nurse Faculty at USM

quote:

---

Originally posted by: Athena
""

---