FORBES: College Endowments In Jeopardy. “College and university endowments in the United States and Canada collectively lost $93 billion during the 2009 fiscal year, according to a study jointly released Thursday by the National Association of College and University Business Officers and the Commonfund, which manages investments for nonprofit institutionsI fail to see what the problem is. Don't they know they can just print stacks of money to make up the difference?
I am sure China is just waiting for the chance to go long on 'Harvard Bucks'.....
On the other hand...there are a lot of TARP funds that could be looking for a loving owner....
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