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Harvard Endowment Falls 27.3% (biggest percentage decline in 40 years)
New York Times ^ | 9/10/2009 | Geraldine Fabrikant

Posted on 09/10/2009 4:22:03 PM PDT by SeekAndFind

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1 posted on 09/10/2009 4:22:04 PM PDT by SeekAndFind
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To: SeekAndFind

Shit....now they only have 26 Billion in which to turn out asswipe liberal politicians....what a dire tragedy for this country.


2 posted on 09/10/2009 4:24:37 PM PDT by Gaffer
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To: SeekAndFind

When the best and the brightest can’t beat the market, how can I be expected to do so?


3 posted on 09/10/2009 4:24:44 PM PDT by Citizen Tom Paine
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To: Gaffer
Harvard Endowment Falls 27.3%

Mrs. Harvard isn't going to be happy
4 posted on 09/10/2009 4:27:00 PM PDT by Krankor
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To: SeekAndFind

And I’ll bet they’d STILL be able to make a profit without charging one red cent in tuition.

(Not that they would ever offer free tuition. No, that would negate their reputation of exclusivity that comes with charging those big bucks.)


5 posted on 09/10/2009 4:27:36 PM PDT by LearsFool ("Thou shouldst not have been old, till thou hadst been wise.")
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To: SeekAndFind

Cry me a river.

Too bad they didn’t end up under water.


6 posted on 09/10/2009 4:27:45 PM PDT by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: SeekAndFind

They will get more from the Saudis.


7 posted on 09/10/2009 4:28:21 PM PDT by w4women
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To: Krankor
heh heh....you made a jokey about 'endowment' like as in 'big package'...heh heh....Beavis, you crack me up!

Actually, a very subtle entendre......nice.....

8 posted on 09/10/2009 4:29:07 PM PDT by Gaffer
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To: SeekAndFind

Only $37 Billion. Sniff. Where’s my hankie?


9 posted on 09/10/2009 4:29:14 PM PDT by Red in Blue PA (If guns cause crime, then all of mine are defective!)
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To: SeekAndFind

Perhaps if they released to the public the transcripts of student Barry Soetero (BO), they could make up the deficit in enrollments from people who would view it as having done the right thing....? Were there “privacy” laws in effect at the time he attended (doubtful)! In any event, BO has invested almost a million to guarantee they will NEVER be seen.


10 posted on 09/10/2009 4:29:59 PM PDT by MamaDearest
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To: SeekAndFind
Be sure to thank your Alumnus for that loss...


11 posted on 09/10/2009 4:34:40 PM PDT by darkwing104 (Lets get dangerous)
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To: SeekAndFind
I guess this means that there’ll be *no* white,heterosexual males in Harvard’s Freshman classes of the future.
12 posted on 09/10/2009 4:35:49 PM PDT by Gay State Conservative (Christian+Veteran=Terrorist)
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To: SeekAndFind

And I was hoping that Harvard had at least a billion with Bernie Madoff and a half billion with Standford! Pity.


13 posted on 09/10/2009 4:38:08 PM PDT by BatGuano
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To: Citizen Tom Paine

Because the best and the brightest get newly defined by performance each and every day.

Looks like today you are close to number 1 while Harvard is number.....my finger got tired adding zeros.


14 posted on 09/10/2009 4:44:46 PM PDT by rod1
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To: SeekAndFind; Liz; Ernest_at_the_Beach; tubebender; BOBTHENAILER; BIGLOOK

This must be wrong.

How could the smartest people in the world, (just ask them who are the smartest) lose this much money.

Next they will be wanting government stimulus funds.


15 posted on 09/10/2009 4:47:27 PM PDT by Grampa Dave (Does 0b0z0 have any friends, who aren't traitors, spies, tax cheats and criminals?)
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To: SeekAndFind
Harvard’s endowment tumbled 27.3 percent in its latest fiscal year, largely because of problems with its private equity and hedge fund portfolios, lopping off $10 billion and shrinking its portfolio to $26 billion.

Aw gee that's a f*ing shame. Maybe they'll have to stop hiring illiterate unethical incompetent racist dirtbags like "Skip" Gates.

Naw. That would be too easy. Better to milk the fat cats one more time.

Yeah-- that's the ticket--squeeze out one more memorial bequest from the Kennedy schmucks. They are always good for a plaque somewhere on campus.

16 posted on 09/10/2009 4:56:51 PM PDT by hinckley buzzard (truth--the liberal's kryptonite.)
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To: SeekAndFind

26 Billion left?

The hypocrites at Harvard should practice what they preach and redistribute all that wealth to the “peur”.


17 posted on 09/10/2009 4:56:57 PM PDT by WeatherGuy
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To: Grampa Dave

And how does Mzzz Mandildo respond to this crisis but to increase staff so the ratio of expenses to ASsets rises to 97% of funds. Did she come from Calpers?


18 posted on 09/10/2009 4:59:03 PM PDT by tubebender (Santa Claus is always jolly cause he knows where all the bad girls live...)
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To: Citizen Tom Paine
When the best and the brightest can’t beat the market, how can I be expected to do so?

These Ivy League banjo hitters are the assholes who got us all into this quagmire. What makes you think they would be the "best and the brightest" at anything else, including managing other peoples' money?

19 posted on 09/10/2009 5:00:37 PM PDT by hinckley buzzard (truth--the liberal's kryptonite.)
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To: tubebender

She probably taught the CalPers people!


20 posted on 09/10/2009 5:01:47 PM PDT by Grampa Dave (Does 0b0z0 have any friends, who aren't traitors, spies, tax cheats and criminals?)
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