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I think this post has it exactly wrong.
Here, from 2003 and 2006, are a few of our comments:SEC Comments. Page 6: ''Envy, hatred, and greed have flourished in certain capital market institutions, propelling ethical standards of behavior downward. Without meaningful reform, there is a small (but significant and growing) risk that our economic system will simply cease functioning.'' ...
Posted to Dialogues by Billyc on March 3, 2009
OK I get it, NOW we are in a Recession!
The whole world has been waiting for two quarters of negative GDP growth to come and go before anyone would technically and officially declare the recession. However, once again the National Bureau of Economic Research (NBER) comprised of scholars, Nobel Prize winners in economics, and hundreds of learned university professors have finally ...
Posted to Today's Papers by JoseRoncal19 on December 7, 2008
13 F
Good point by the previous commenter of not reading too much into Harvard's 13F. It entails less than 10% of the endowment. And it is not as if this 10% is even a representative sample. They could have had the remaining 90% in cash for all we know. One can, however, conclude that Harvard's endowment has taken a hit because of the letter the ...
Posted to Moneybox by MikeJames on November 19, 2008
New bailouts imminent
from the 20th floor. Beware of the squash and splatter while strolling in the worlds financial districts.
Posted to Today's Business Press by Lemis66 on October 8, 2008