Steve Schwerner's Hard and Fast Economic Law
“If it is an asset, it belongs to the University; if it is a liability, it belongs to the College.”
steveSchwerner_stakeholders_meeting_Aug2007.mp3 [4.70MB],
Documents
Professor Emeritus Steve Schwerner speaking at the Afternoon “Stakeholders” meeting in Cincinnati, August 25, 2007. MP3 Audio File. 5 minutes, 8 seconds.
Excerpt
“(This) is my belief, and you all can totally disagree with me. I think the board right now is made up of two groups of people. There’s one group that really wants to the college remain open, but feels that financially its not a viable going concern and that hopefully the presentation that you have heard might change your mind on that. The second group, and I really believe this, although some people will say that i’m completely wrong. I think there’s a small part of the board and I think they might well be part of the university leadership that has over the last 5 to 8 years wanted to close the college down.”
Schwerner’s Hard and Fast Economic Law: “If it is an asset, it belongs to the University; if it is a liability, it belongs to the College.”