Harvard University has announced that it paid hundreds of millions of dollars to get out of interest rate swaps. The school also said that its General Operating Account, which is the principal account that funds the schools’ operations, lost close to half its value in the last fiscal year, falling from $6.6 billion to $3.7 [...]
Archive for October 17th, 2009
Not Smart
Posted in The Economy, tagged Colleges, economy, Harvard, Harvard University, Interest rate swaps, Investments, Tuition Costs on October 17, 2009 | 1 Comment »
Timing Is Everything
Posted in sports, Work, tagged Buckeye football, Ohio State vs. Purdue, sports, Work on October 17, 2009 | 2 Comments »
I had work obligations today, and therefore I was unable to watch today’s Ohio State-Purdue game. Given the result, I have never been so grateful to have to work on an autumn Saturday. Congratulations to the Boilermakers. As for the Buckeyes . . . .
Parturient montes, nascetur ridiculus mus
Posted in America, Ohio, Politics, The Economy, tagged Congress, economy, Latin, Ohio, President Obama, Recovery.gov, stimulus, stimulus bill, stimulus package, stimulus spending, Unemployment on October 17, 2009 | Leave a Comment »
Recently the federal ‘government issued the first “report card” on jobs creation by the $787 billion stimulus package passed by Congress and signed into law by President Obama in February. The data that was released is limited to contracts, and more comprehensive information that includes grants and loans is supposed to be released at the [...]
