Reading the comments to this Postcards post on the UTIMCO board chairman Robert Rowling’s resignation a timeline starts to emerge. The feigned outrage – “outrage I tell you” – of the GOP members of the Senate Finance Committee is comical. It becomes apparent that this is about politics. Rowling was appointed to the UT Board of Regents in 2004 by Gov. Rick Perry. Then reappointed in 2005 by Perry. Then two weeks ago Rowling shows up on the list [.pdf] of Kay Bailey Hutchison’s supporters for Governor as a KBH Club Chairmen. And this week Perry and Lt. Gov. Dewhurst write a letter [.pdf] blasting him for taking a bonus.
Here are a couple of comments from the AAS post.
First, it appears to be nothing more than grandstanding and chest beating by a bunch of lawmakers….and second, I sincerely have to question if the Governor’s distate for Mr. Rowling’s action (and Mr. Rowling’s abrupt resignation) had everything to do with the UTIMCO incident or is more driven by the fact that Mr. Rowling is no longer a political supporter or donor to Gov. Perry—-opting instead to throw his political clout and pocketbook to Sen. Hutchison’s effort to knock him out of office.
I’m glad there are some other people sharp enough to understand what really happened here.
I wish I could believe this is more akin to the Wall Street fat cat problem—-but that’s just not the case here.
Bottom line—the “outrage,” especially from the governor is nothing more than ugly political payback….
To most posters on this article – RTFA! And to the Statesman – crap reporting. Why should I have to read the boards to find out Rowlings is a Hutchison supporter? Total drive-by media move there.
UT just lost access to the advice it sorely needs to get through to the other side of this recession/depression.
This appears to have much less to do with a bonus that was given months ago, then with Rowling deciding to side wiht Hutchinson, instead of Perry, in the upcoming election. It’s interesting that the Senate Finance Committee has decided to go along. The Texas GOP is eating it’s own. Things must be getting bad out there.