Saturday, September 5, 2009

Firm overseeing Harvard endowment _ battered by recession _ names 2 senior managers

Firm overseeing Harvard endowment _ battered by recession _ names 2 senior managers: "Harvard spokesman John Longbrake said the university was projecting a 30 percent decline in the value of it endowment in the fiscal year that ended June 30. The fund — the largest in higher education — was valued at $36.9 billion on June 30, 2008."

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