Saturday, Oct 17, 2009

Students at Harvard do not longer have to attend their finance classes

Bloomberg: Harvard Paid $500 Million to Exit Backfired Swaps

Harvard University, the world’s richest school, paid almost $500 million to investment banks to escape interest-rate swaps that backfired, according to the school’s annual report released today.

Posted by mander @ 11:19 PM (716 views)
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1 Comment

1. paul said...

Haha. Obviously a Harvard education doesn't protect you from making stupid financial judgements.

Sunday, October 18, 2009 12:22AM Report Comment

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