Tom Mooney to Molly: Candidates Brackett and Fredrick

From: Tom Mooney
Subject: Fw: Fredrick and Brackett
Date: Thu, 22 Dec 2005
Molly,

Here are their resumes.

By the way, I saw an email recently suggesting that classroom teachers who aren't financial or investment experts should not be on the board. I'm not suggesting that's CORE's position. But, here's our point of view on that.

I believe it's essential that teachers, active and retired, elected by their constituency, govern their retirement system, with the help and advice of experts, including those appointed to the board. Obviously, technical expertise is needed, but equally important are good judgment, integrity, and ties to the constituency they represent. It's very important that a majority of the board have walked in our shoes and will rely on the STRS when they retire. And, for us, it is important for a candidate to have a record of serving and representing teachers. That's how we know we can trust them. I don;t think it was lack of technical expertise that caused the board to go astray in the past.

I would like to set up a time for you and other CORE members as well as John and Dennis, to meet John Brackett and Mark Fredrick. How about around the Jan. Board meeting?

Happy Holidays to you and yours.

Tom