Friday, August 7, 2009

Ka-Chiiiing!!!

Harvard may have lost almost 30% of its endowment but its still keeping the faith. Specifically, its divesting some of it’s asset, Citi style. First up, the brand name Harvard Yard is licensed to someone to make an upscale preppy line of clothing presumably not to be sold to Harvard students but to the rest of us who could never afford to get into the actual school. ts ts ts. At least they went this way in order to close that budget gap, and not the California way.

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