House member McGregor casts doubt on STRS administrative leadership

From Molly Janczyk, Aug. 24, 2006

Subject: Rep. McGregor: Again more spending abuses.

Date: Thu, 24 Aug 2006

Dear Jim,

Please use your influence to speak with the Gov. and Treasurer re: Appointees. We hope for a committed and VESTED appointee, Prof Tom Hall, who has expertise in economics, business cycles, market trends and investments evidenced by numerous publications.

The Gov. should also strongly urge Montgomery to act upon Leone's complaint to her on the STRS Board Members who approved these legal fees for STRS Staff.

Thank you,

Molly Janczyk

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From Rep. Jim McGregor

Subject: RE: Again more spending abuses.

Date: Thu, 24 Aug 2006 12:08:44 -0400

Dear Molly,

Thank you for asking the opinions of those on your email list. It is my experience that when an organization is as dysfunctional as we found STRS to be, change needs to be wholesale and fundamental. The changes that I have seen in STRS are minimally incremental; the kind of changes a new administrator might make in a well respected and fine tuned organization. I do not see such commitment to good and needed change in the present STRS administration. Thanks for your continuing work on behalf of our retirees.

Sincerely, Jim

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From:_____ To: Molly Janczyk,

Subject: Again more spending abuses.

Date: Mon, 21 Aug 2006

The X factor in all of this is Damon Asbury. Wonder how many signatures it would take to have the board remove him as Director? I believe Damon is not afraid of us at all and is just Herb Dyer in Asbury's body. I truly think that is our most pressing problem. Get rid of Asbury and get someone credible and we will be on the road to recovery. We are finding out that the board is very important and a very large task to take one but equally as important is a Director that can be trusted. Damon is not the one for this job. I believe we need a campaign to really get rid of Asbury and we need to start now. We need a list of his blunders and we need to start getting signatures from retirees as well as actives. If they knew about his blind, arrogant allegiance to the STRS employees instead of his employer, now even OEA could stop actives from signing the petition. What do you think?