So, what’s the reward for inducing Microsoft to overpay for Yahoo!?
Answer: Playing in the AT&T Pebble Beach National Pro-Am (scroll down to the bottom of the list).
Perhaps Bear Stearns’ board should have thought of such a reward? ;^)
By the way, Yang will be able to compare notes during the tournament with Houston’s Jim Crane, who can tell him a thing or two about a takeover battle.
Update: The Epicurean Dealmaker provides this alternately witty and elegant analysis of the Microsoft bid for Yahoo!
Daily Archives: February 6, 2008
The First and Last 100 Days?
Over at the University of Houston, the university is celebrating the arrival of its impressive new Chancellor and President, Renu Khator. As a part of that celebration, the university has posted this interesting website entitled Building Our Future: The First 100 Days that solicits ideas from the university and Houston communities on the direction of the city’s primary public university. Check it out and participate in an exciting time for UH.
Meanwhile, on the other side of the optimism scale, the desperate state of Texas Southern University continues. Ubu Roi over at blogHouston.net provides this good overview of the daunting challenges facing new TSU President, John Rudley (previous posts on TSU are here). As Roi points out, one of TSU’s better schools — its law school — is at risk of losing its accreditation, and that news comes on the heels of a regional accrediting body recently placing the entire university on probation. Meanwhile, President Rudley is wrestling with the legislative requirements for obtaining $40 million in emergency funding that the institution desperately needs just to keep the lights on.
As noted earlier here, here, and here, TSU is a once-essential institution that is at serious risk of becoming irrelevant. During the era of segregated education in Texas, TSU was arguably Texas’ best university for minority students. The institution educated many of Texas’ finest minority leaders, including Barbara Jordan and Mickey Leland. However, over the past 20 years, TSU has been bypassed by both the University of Houston-Downtown Campus and Houston Community College as the preferred open admissions alternatives for the Houston area’s college students.
At this point, a merger of TSU with one of the other university systems probably makes the most sense, but even that alternative is not easy. Merging UH-Downtown and TSU would serve the purpose of largely consolidating Houston’s open admissions institutions, but the UH system does not have sufficient endowed capital to absorb TSU, a shameful legacy of Texas’ underfunding of UH’s endowment in comparison to the other two major public university systems in Texas, the University of Texas and Texas A&M University systems. Texas A&M already has an open admissions university in its system at Prairie View A&M and UT probably has little interest in increasing its investment in the Houston area given the UT Health Science Center’s huge presence in the Texas Medical Center. So, TSU is not a particularly good fit for those far wealthier systems, either.
Thus, at least for the time being, TSU will continue to muddle along. But don’t be fooled. TSU is on life support and the emergency measures for keeping it alive are are inadequate to provide the long-term vision that the university needs. It’s well past time for state and community leaders to put their parochial interests aside and come up with a long-term plan for TSU that provides the institution with a specific purpose within the framework of college alternatives for Houston area residents. Sadly, dangling $40 million in front of TSU to keep the lights on is not going to accomplish much of anything in defining TSU’s purpose.
Waxing philosophic on bad announcing
My standards for announcers of football games are not high, but it seemed to me that the Fox Sports announcing team of Joe Buck and Troy Aikman in last weekend’s Super Bowl LXII game were unusually bad. For example, neither of them made much of Coach Belichick’s dubious decision of going for it on 4th and 13 on the Giants 32 yard line rather trying a long field goal (49 yards) that is made easier by the pristine conditions in which the game was played. In particular, Aikman — who has that annoying ability to say absolutely nothing of substance while reciting overlapping clichÈs — could not bring himself to stop rhapsodizing about Tom Brady’s “coolness under fire” despite the fact that Brady was missing badly on relatively easy passes while looking antsy in the pocket over the brutal pounding that he was enduring from the Giants’ front seven.
Noting the same mediocrity in announcing quality, Michael BÈrubÈ takes up another key call in the game and provides this imaginary dialogue between Buck and Aikman.
We can only dream. ;^)