Bloomberg presents an extremely comprehensive case for Harvard's finances having been run by idiots. (You may know this already, but the details are amazing.) Particularly one idiot, Lawrence Summers, who set things in motion as early as 2004, before his sudden departure in 2006; he is now unfortunately the head of the White House's National Economic Council. INEXPLICABLE.
Friday, December 18, 2009
4
When David Swensen roughhouses poor old Harvard he will holler moolah moo.
<3 the nihilism of the image caption btw.
Inexplicable, yet not at all surprising, unfortunately.
Funny how Yale can beat ’em in neither size of endowment nor magnitude of catastrophe.
"Hello, I'm a convicted arsonist. I hear you need help putting out a massive 78657-alarm fire?"