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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Taikun who wrote (55151)10/30/2004 7:48:18 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
<<Bankruptcy>>

... near the end, bankruptcy is an act of kindness ;0)



To: Taikun who wrote (55151)10/30/2004 9:55:08 AM
From: Tommaso  Read Replies (1) | Respond to of 74559
 
Yale lost enormous amounts of endowment in the period 1968-1975 by accepting McGeorge Bundy's challenge to "live adventurously" with its endowment. Harvard came out a lot better. See John Train's account of Paul Cabot in "Money Masters of Our Time."