Followers of Texas politics and business will certainly know the name Charles Miller, who is a chairman emeritus of the Greater Houston Partnership and a former chair of the UT System Board of Regents, among many other things. He wrote a response to a post from Monday about…
Former UT regent Charles Miller provided additional information about UTIMCO’s performance as well as the payment of bonuses. As was the case with his previous comments, I am publishing his communication exactly as he wrote it. I think Zimmerman and UTIMCO made several hundred million dollars in profits ($400 million…
Former UT regents’ chair Charles Miller, whose name I invoked in my discussion of the UTIMCO controversy, sent me an e-mail containing his views on the Senate Finance hearing and the issues raised therein. Mr. Miller asked that, if I chose to publish his remarks, that they appear exactly as…
For many years after I first started working in the Capitol, the major pension funds and endowments were limited to conservative investments such as stocks and bonds and government instruments. Then Wall Street began going crazy and the investment managers asked the Legislature for the authority to play in real…