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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: KeepItSimple who wrote (209580)	12/13/2002 9:51:17 PM
From: mishedlo	Read Replies (1) of 436258

Extorsion 101 prudentbear.com Universities who find the state less willing to fork over funds to keep them going might check with the University of Michigan for ideas. Bloomberg notes today that the university charges $4,650 to listen to the conference call disclosing their monthly consumer confidence index. Big hitters like JP Morgan Chase cough up the cash to get the info before the rest of the world. Yale professor and anti-Glassman Robert Schiller was quoted thusly: ``selling information so that traders with a bigger pocketbook can take advantage of smaller traders…It's not the kind of business that the ideal of the university suggests.'

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