ST Alpha - "How Larry Summers (the same Larry Summers that has Obama's ear on all things economic) cost Harvard $1 billion (nmbl)" (Reading a Post)

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How Larry Summers (the same Larry Summers that has Obama's ear on all things economic) cost Harvard $1 billion (nmbl)

Posted by Brian (aka trav007) Jul 22 '09, 19:27

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By engaging in interest rate speculation via swaps (epicureandealmaker.blogspot.com)

Responses:

they have so much money, I bet they hardly felt it. -- nm - loosilu Jul 22, 19:32 2
- If you read the linked Vanity Fair article, the endowment has taken a pounding - Brian Jul 22, 19:38 1
  - I'll go read it, thanks. -- nm - loosilu Jul 22, 19:42
probably happened at a lot of places. -- nm - tRuMaN Jul 22, 19:29

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