Friday, May 21, 2010
Did Big Endowments Worsen the Crisis? - BusinessWeek: "he report, by the Center for Social Philanthropy at Tellus Institute, paints a grim picture of how a small handful of economic actors can, in the pursuit of profit, inadvertently do a lot of damage. You can read the report here and the Bloomberg report on it here. The report profiles the six privately endowed New England colleges and universities: Boston College, Boston University, Brandeis University, Dartmouth College, Harvard University, and MIT—all of which come in for some withering criticism."