insanely overpaid public employees

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  • 7/30/2019 Insanely Overpaid Public Employees

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    Insanely Overpaid Public Employees

    Basketball coach

    Earnings: $1,200,000 Where: SUNY Binghamton, NY

    Kevin Broadus, who had a five-year $1 million contract, was let go from his job as headcoach for little-known SUNY Binghamton mens basketball team in 2009 over an ethicsscandal. He sued the school for discrimination, and received a 1.2 million buyout to dropthe suit. Taxpayers got to pick up all the legal bills too. In June, Broadus was hired as anassistant coach at Georgetown, where he has worked previously.

    Hospital Rainmaker

    Earnings: $841,557 Where: University of Texas Southwestern Medical Center

    Retiring from his position as head of the medical center at UT Southwestern in 2008, C.Kern Wildenthal now devotes most of his time and effort to philanthropic pursuits forthe medical center as "assistant to the president for community affairs," according to apress release. With $841,557 earnings in 2010, the university must have been feelingphilanthropic towards him, as well.

    Chancellor

    Earnings: $813,892 Where: University of Texas System

    Even with budget cuts, Chancellor Francisco G. Cigarroa hasnt given up his fat salary.The total cost to employ Cigarroa in 2009 was $813,892, according to The Chronicle ofHigher Education.

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    Prison Doctor

    Earnings: $784,596 Where: High Desert State Prison, CA

    Jeffrey W. Rohlfing works at an overcrowded, 4,000-plus inmate facility in the middle ofthe California desert. The $784,596 figure includes overtime, bonuses, and othercompensation, in addition to salary, but its quite a jump from 2004 when Rohlfingearned a mere $132,854. The pay hike is especially surprising since Rohlfing was put onprobation for five years in 1997 after being found guilty of unprofessional conduct andimpairment due to mental illness.

    Prison Psychiatrist

    Earnings: $737,057 Where: Stockton, California

    Even in prison, shrinks rake it in. Of the $737,057 that Fong Lai received in 2010,

    $594,976 was for more than 2 1/2 years worth of unused sick time when he left the job in2010. Still, in the last full year he worked, his base salary was $224,306 in addition toovertime pay of $72,308.

    CEO and vice president hospital affairs

    Earnings: $721,043 Where: Stonybrook Hospital, NY

    Running a university hospital makes Steven Strongwater the fourth-highest paidemployee in the state, earning six times what a physician at the hospital makes. He washired in 2006, after a long career as a hospital administrator.

    Prison Dentist

    Earnings: $621,971 Where: Avenal State Prison, CA

    Filling inmates cavities can pay off. Timothy Malan earned $621,971 in 2009, althoughmore than half of that was from accrued leave he received in one lump when he left thedepartment. If he blows that in one fell swoop, he can always rely on his pension, whichaccording to a prison spokesperson, is 42 percent of his highest years base salary, orabout $140,429 per year for the rest of his life.

    Chancellor

    Earnings: $560,038 Where: City University of New York

    As CUNY deals with $205 million in budget cuts, and Chancellor Matthew Goldsteinproposes raising tuition on some 533,000 students in the system, he maintains earnings of$560,000.

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    Chief Investment Officer

    Earnings: $480,000 Where: Teacher Retirement System, TX

    A former hedge fund manager for Bridgewater Associates, Thomas Britton Harris IV, isused to living the good life, and maintains his Wall Street-level pay to manage theteachers public pension in Texas.

    Executive Director

    Earnings: $343,608 Where: Citizens Property Insurance Corp., FL (Floridas publicinsurance provider)

    As public insurance premiums rise for homeowners in Florida, so do executivesearnings. Scott Wallace was paid a base wage of $343,608 in 2009, one of the highest-paid employees in the state. Even homeowners who choose to insure their property with a

    private insurer are helping fund Wallaces wage, paying a 1.4 percent fee on theirpremiums to cover Citizen's shortfalls after Hurricane Katrina.