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Not-so-Rich U

Posted: Tue Nov 11, 2008 3:11 pm
by Bob Juch
Despite amassing an almost $37 billion endowment, Harvard University is warning that the economic slowdown has reached America's richest university.

http://www.msnbc.msn.com/id/27662237/

Re: Not-so-Rich U

Posted: Tue Nov 11, 2008 3:53 pm
by Rafferbee
Wow, they may have lost 11 billion. At first I was thinking, boo hoo Harvard, but I'm sure they were making plans based on their earlier endowment. I wonder how my little alma mater is doing. I remember the endowment reached $100 million when I was there, and they were so proud. So if they lost $30 million, that would be a huge blow to their plans.

Re: Not-so-Rich U

Posted: Tue Nov 11, 2008 6:29 pm
by kayrharris
Uh oh. That's all I have to say right now.