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“Fast Buck Bob” RICHburg — Why Now?
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“Fast Buck Bob” RICHburg

In addition to his recent indictment for official misconduct [malfeasance] and perjury, NWF Daily News noted that the “esteemed” president of Northwest Florida State College, Bob Richburg is a “double-dipper”

Richburg retired as president of the college in 2007 and received a lump sum of $553,000 for his 30-plus years of service to the state.

He turned around 30 days later and got rehired at a new base salary of $221,450 – a 3 percent raise over the approximately $215,000 he’d been making before retiring.

And a year after being rehired, Richburg started collecting $8,546 a month in additional retirement pay.

Once again the bill that was supposed to make this practice illegal has disappeared in the state senate, so even if “Fast Buck Bob” is convicted and sent to prison, he will still continue to receive his $100K/year state pension at a time of fiscal meltdown for the state.

After this, no one will dare to back any funding for anything at NWF State College. It will become the pariah of the system. It was once a nice little community college that served the needs of the area, and now it will be shoved to the back of queue for everything, because one guy wanted to build an empire, instead of educating students.

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1 What’s Going On: Sansom Indicted { 04.19.09 at 11:19 am }

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