• Ramsey’s University of Louisville predident’s salary was capped at $345,000. The cap provided an incentive for university trustees to supplement his salary and avoid the cap by having him serve simultaneously as foundation exec. This in no way justifies his $2.4 million foundation compensation, but it does illustrate the potential difficulties with setting and enforcing arbitrary compensation caps.

  • Louisville Martin

    feudalism is back, protecting their own, Let them eat cake or Let them eat educake!