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Beware, part of the school is already owned by big oil: In a 12-page memorandum of understanding signed by Florida State senior vice president John Carnaghi and three other university officials, the school agreed to recruit and maintain faculty and individuals who support objectives set forth by an advisory panel appointed by the non-profit foundation. Florida State's deal with Koch was finalized in the summer of 2008, more than a year before Barron was chosen its 14th president. The agreement with the foundation permits an advisory committee appointed by the multibillionaire to decide which candidates can be considered for two teaching positions and allows it to withdraw the $1.5 million funding if they become unhappy with the faculty's hiring decision or if the hires fail to meet predetermined objectives established by Koch. -Bloomberg (http://www.businessweek.com/ap/financialnews/D9N4QRS00.htm)