Tuesday, February 24, 2009
Yale’s Financial Wizard, David Swensen, Says Most Endowments Shouldn’t Try to Be Like Yale - ProPublica
Yale’s Financial Wizard, David Swensen, Says Most Endowments Shouldn’t Try to Be Like Yale - ProPublica: "ight now, the credit markets are completely broken. You can't talk about a resolution of the crisis, you can't talk about a sustained recovery in the markets, and you can't talk about a recovery in the economy until the credit markets are fixed. Right now, I think we're a ways away from seeing a healing in the credit markets."
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