Does the $12 Billion California Stem Cell Agency Manage Its Investments?

The Answer Involves a Proposal to Weaken Conflict of Interest Rules for the 35 directors of the Research Effort

Are there any “public officials” at California’s $12 billion stem cell agency who should “leave the room” when its board is discussing or voting on matters in which those officials have a financial conflict of interest?  

At first glance, it may sound like a question with an obvious answer, at least to good government advocates.  But that answer is now i…