I was thinking more of the whole derivatives scam they were partially responsible for cooking up in the first place.
Those are clearly worthless, and account for a big chunk of the endowment.
They just can't bring themselves to admit it yet.
[Edit] I guess I'm shedding crocodile tears for them. I've no love lost for my alma mater, which, while academically valuable, is really nothing more than a soulless multinational corporation. They long ago gave up any semblance of trying to actually educate the whole man.
Those are clearly worthless, and account for a big chunk of the endowment.
They just can't bring themselves to admit it yet.
[Edit] I guess I'm shedding crocodile tears for them. I've no love lost for my alma mater, which, while academically valuable, is really nothing more than a soulless multinational corporation. They long ago gave up any semblance of trying to actually educate the whole man.