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To: Glenn
What is also amazing is how these big name universities with all their Ph.Ds in finance, economics, and accounting seem so surprised when something like this happens.

My hunch is that the University presidents and trustees wanted to hang around the “beautiful people” and the rich and famous etc. and were mesmerized and dazzled by these investment managers promises of high no risk returns.

5 posted on 02/21/2009 6:42:36 AM PST by Maine Mariner
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To: Maine Mariner

And we now have “leaders” who want to put them in charge of the “green economy.”


7 posted on 02/21/2009 6:50:23 AM PST by AmericanVictory
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