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| subject: | Re: Welcome to the Bob Kl |
ST>> So then...what you're saying is, you are neither a graduate, nor ST>> ever one of ST>> the faculty, of Harvard University. ST>I never stated that I was. ST>> So....you really aren't in a position to know for an absoluute fact ST>> that Harvard studies are/or are not, biased, right? ST>I'm working with a professor from Harvard on a study right now; I'm ST>an employee of a University in Texas. - I would prefer not to say ST>specifically becuase people in Fidonet tend to make trouble for ST>others. It wouldn't be the first time that a pissed off member of ST>Fidonet called someone's employer to complain. http://finance.yahoo.com/news/Harvard-says-it-took-cash-hit-apf- 368762976.html?x=0&sec=topStories&pos=1&asset=&ccode= Harvard says it took cash hit on investments Harvard says it lost $1.8 billion in cash investments, on top of endowment loss On 6:40 pm EDT, Friday October 16, 2009 CAMBRIDGE, Mass. (AP) -- Harvard University said Friday it lost $1.8 billion in operating cash in the last fiscal year as a result of investing it alongside the university's endowment. The loss was revealed in Harvard's fiscal 2009 operating report. The university said in the report that it has routinely pooled cash held in various schools and departments and invested a significant portion of it with Harvard Management Co., which manages the endowment. While this approach had generated "significant positive investment results" for the university in the past, this past year it resulted in losses to the cash account. Harvard had previously reported that the value of its endowment -- the largest of any university in the nation -- dropped by nearly $11 billion in fiscal 2009 from $36.9 billion. Harvard slashed 275 jobs and made other cost-cutting moves earlier this year. CMPQwk 1.42-21 9999 Patriotism is not who can leak the most Secret documents to the NY Times ... --- PCBoard (R) v15.3/M 10* Origin: (1:226/600) SEEN-BY: 10/1 11/200 331 34/999 120/228 123/500 128/2 187 140/1 226/0 236/150 SEEN-BY: 249/303 250/306 261/20 38 100 1381 1404 1406 1418 266/1413 280/1027 SEEN-BY: 320/119 396/45 633/260 267 712/848 801/161 189 2222/700 2320/100 105 SEEN-BY: 5030/1256 @PATH: 226/600 123/500 261/38 633/260 267 |
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