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To: stockman_scott who wrote (188159)	3/4/2009 6:49:03 AM
From: Poet	Respond to of 306849

Wow. Duke University too? It's stunning that private universities are blowing themselves up through investment debacles exactly at the same time the recession is making paying $40k+ per year in tuition/boarding fees look like fiscal suicide. Community colleges are the next bubble. -g

To: stockman_scott who wrote (188159)	3/4/2009 9:19:48 AM
From: James Hutton	Respond to of 306849

"Going forward I hope the best for these institutions’ fortunes, and I hope that they will be more risk-averse and conservative in their asset allocation strategies." Going forward: 1. the writer should hope Duke has any endowment left; 2. be prepared for an onslaught of phone calls and mailings saying how wonderful it is to give $ to Duke.