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University of Tennessee President John Petersen on Tuesday announced a mandatory hiring freeze and...

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University of Tennessee President John Petersen on Tuesday announced a mandatory hiring freeze and a moratorium on new academic programs while defending the appointment of former head football coach Phillip Fulmer. But it's the Fulmer three-month appointment, at $12,500 a month, that drew the ire of a faculty leader.

Petersen announces hiring freeze at UT, defends Fulmer's appointment : Other Sports : GoVolsXtra.com Guessing here that that faculty member doesn't teach economics. Yes, I get that it doesn't look good, but I'd guess that in tough times you'd want to milk your cash cow for all its worth. Am I wrong?