esquared
ee-- those are my initials
a polite New Yorker you'll never meet.
Living my life in contradiction in New York, New York
-- a city that is so nice gentrified, they named it twice.
e-mail: e2the2ndpwr[at]gmail[dot]com
Jul 24, 2009
10:00
![“For years, administrators at Harvard University could throw money at anything that tickled their fancy. Now, Vanity Fair’s Nina Munk finds America’s oldest university suddenly at risk of not being able to keep the lights on. Over the past year, Harvard’s endowment has collapsed (it lost $8 billion between last July and October), its fundraising has declined, and its construction cranes have been idled. Gripped by the worst economic crisis in its history, Harvard is in trouble, and no one can decide who’s to blame.
Munk exposes the behind-the-scenes finger-pointing and uncertainty that has administrators longing for the gilded age of soaring endowments.” [Highlights only]](http://25.media.tumblr.com/xBPM27W2JqaixqeqiLQr0SiMo1_400.jpg)
“For years, administrators at Harvard University could throw money at anything that tickled their fancy. Now, Vanity Fair’s Nina Munk finds America’s oldest university suddenly at risk of not being able to keep the lights on. Over the past year, Harvard’s endowment has collapsed (it lost $8 billion between last July and October), its fundraising has declined, and its construction cranes have been idled. Gripped by the worst economic crisis in its history, Harvard is in trouble, and no one can decide who’s to blame.Munk exposes the behind-the-scenes finger-pointing and uncertainty that has administrators longing for the gilded age of soaring endowments.” [Highlights only]
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