Phil Matier: $1.5 Billion Secretly Stashed Away By California State University System

Phil Matier
Friday, June 21st
The State Auditor says that the California State University system quietly tucked away this rather large amount of money for ten years as student tuitions continued to rise.

KCBS Radio, KPIX-5, and Chronicle Insider Phil Matier is joined by former San Francisco Mayor Willie Brown and they speak on CSU Chancellor White's comments on what this reserve of cash might have been used for and just how "hidden" this sum might have been.