Harvard Endowment Loses About $8 Billion

Discussion in 'Wall St. News' started by ASusilovic, Dec 3, 2008.

  1. If Larry Summers had not fired Jack Meyer, would Harvard have lost so much money?
     
    #11     Dec 3, 2008
  2. bidask

    bidask

    i bet you a billion dollars that harvard endowment would be down more than 50% if it needed to convert all those private equity investments into cash right now.
     
    #12     Dec 3, 2008
  3. just like the saying goes: harvard and its money are soon parted.



    fools!
     
    #13     Dec 3, 2008
  4. Well, so much for free tuition for the under 60k set
     
    #14     Dec 3, 2008
  5. 8 billion isn't much out of 40 billion. Only 20%, which is in line with the market. These people are very smart.
     
    #15     Dec 3, 2008
  6. jem

    jem

    harvard is setting up its bailout request.
     
    #16     Dec 3, 2008