Sit-in at Blum Poverty Center
BERKELEY, California – Today, October 8th, is the opening day of the UC Berkeley Blum Poverty Center.Richard Blum, husband of US Senator Dianne Feinstein, is a current UC Regent who donated $15 million to help start this anti-poverty center in order to, “[create] innovative solutions to global poverty”. Richard Blum is the founder of Blum Capital, an investment firm with $4.5 billion in total assets. Although not the only UC Regent surrounded in controversy, Blum was the chair of the regents until last year and held stakes in several businesses that suggest he has a conflict of interest, including a construction firm involved in several UC building projects and private educational companies.
Around 12:15pm, some demonstrators began a sit-in at the poverty center. This action follows yesterday’s
