LMU - UK's first privatised University

[TonyGosling]

Profit-making company poised to run university in first for UK
Plans for ‘privatisation’ of London Metropolitan to roll out across English universities
By David Hencke | 14 August 2012 | 1 Related piece
http://www.exaronews.com/articles/4550/profit-making-company-poised-to -run-university-in-first-for-uk

Our current management appears to be hell bent on deeply damaging our university’s reputation

Max Watson, chairman of London Metropolitan university’s branch of Unison

Plans for the UK’s first university to have its operations taken over by a private company are poised to be unveiled within weeks.

Exaro can also reveal that the aim is for the contract to serve as a springboard for the winning bidder to take over the running of other universities across England, in a deal worth potentially more than £500 million.

London Metropolitan university has put a contract to run most of its services out to tender, and is expecting to announce the winning bidder later this month.

[outsider]

There's big money in Universities:

http://cafr1.com/Wisconsin.html

'Can Opener Time - University of Wisconsin - Hiding 1-billion dollars
by Walter Burien - CAFR1.com
04/26/13

http://www.youtube.com/watch?v=bZusXT-ftZg (5-min)