Saturday, October 17, 2009

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

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 (752 views)
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One thought on “Students at Harvard do not longer have to attend their finance classes

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

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