After months of courtship, Moeser announced that discussions with the Qatar Foundation for Education, Science and Community Development about establishing a satellite UNC Kenan-Flagler Business School campus in Doha, Qatar were over, due to significant gaps in financial expectations.
Like Chancellor Michael Hooker, who considered building a satellite business school in Indonesia in the mid-1990s, Moeser clearly understands that great 21st century universities must have campuses around the world.
But by ending negotiations with the Qatar Foundation last week, Moeser demonstrated something not all Tar Heels were certain of -- that Moeser understands how important it is not to sell Carolina to just anyone.
Ever since Moeser arrived in 1999, hailed as a champion fund-raiser who would turn UNC's financial situation around, many Tar Heels believed he saw campus through a dollar-bill green lens, rather than a Carolina blue one.
But to my relief, the man in charge does know the importance of preserving UNC's good name before we go global.
Despite Qatar's enticing offer of an international foothold and the opportunity to help create a peaceful democracy in the Middle East, Moeser did the right thing -- he refused to participate unless UNC's educational standards were maintained.
Moeser refused to go ahead with the project unless the Qatar Foundation covered all management expenses. The chancellor rightly reasoned that during a state budget crisis, North Carolinians should not be financing oil princes' educations.
Furthermore, Moeser demanded that Qatar take care of UNC faculty's financial and safety concerns, as Qatari officials expressed their desire to have faculty members uprooted from Chapel Hill for several years.
UNC's negotiating team made clear that the Qatar project should also benefit the Chapel Hill community.