Monday, November 30, 2009

Not so smart.

I think I wrote a blog post about this a few months ago but can't seem to find it. Here's a more detailed and fascinating look at how poor risk management has trashed the endowment of Harvard University. It would almost be funny if it wasn't for the fact that the "genius" in charge of this poor decision making hadn't been given a place of prominence within the Obama Administration.

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