Daily Texan, April 16, 2007 AUSTIN - Every single one of the nine voting regents on the UT System Board of Regents has been a corporate executive or member of a corporate board of directors. Maybe that's why regents go into executive session so often - it just feels comfortable. For about an hour this morning, regents will meet openly in a special meeting to discuss some major issues, including a $2.4 million contract with an external auditing firm and the reappointment of three regents to the University of Texas Investment Management Company's board of directors. Per Texas' Open Meetings Act, anyone may attend these open sessions. But after that hour, the regents plan to spend the rest of the day behind closed doors in executive session, meeting with candidates for president of UT Medical Branch and discussing yet another pay raise for UT basketball coach Rick Barnes. Students, faculty, journalists and taxpaying Texans are barred from these sessions, where candid dialogue has all but been relegated.