Links of the week

CSU chief financial officer to retire; opponents say he leaves under cloud of mismanagement
A newly released audit revealed questionable travel expenses in the department overseen by the outgoing chief financial officer and executive vice chancellor for the California State University system. – Long Beach Press-Telegram

The attack of the MOOCs
An army of new online courses is scaring the wits out of traditional universities. But can they find a viable business model? – The Economist

Setting Limits for Outsourcing Online
A growing number of colleges are teaming up with outside firms to ramp up their online offerings. Those unaccredited partners include companies like Academic Partnerships, 2U, Udacity, Coursera and Altius Education, which jointly managed Ivy Bridge. – Inside Higher Ed

University of California, AFSCME contract talks deadlocked
Despite more than a year of bargaining, a two-day strike and union accusations that its medical facilities are understaffed and poorly managed, the University of California’s contract talks for its 15,000 hospital workers remain deadlocked. – Sacramento Bee

CalPERS, CalSTRS post double-digit annual gains
The nation’s two largest public pension funds on Monday reported double-digit annual returns from rising stock and real estate prices, but cautioned against focusing too much on short-term performance.  – The Associated Press