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Unnerved by a 30% reduction in the value of its endowment, Harvard is planning to recover the losses by no longer serving cookies at faculty meetings.
When I first heard about the Lehman umbrellas and stressballs, I laughed. Then came the Maddoff baseball season tickets and I thought it could be a coincidence. But now I am fairly certain that something larger is at play. Could we be looking at the first steps of the introduction of the Idiotically Accepted Accounting Principles?
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When Reality Beats Everything Else
Two corporate sector veterans (although the picture maybe a little predated) watch in awe "From the Balcony" as the world is falling apart.
True stories from Finance and beyond, that no one could possibly make up, and would normally leave the rest of us speechless, along with comments in the immortal spirit of the legendary Waldorf & Statler.
True stories from Finance and beyond, that no one could possibly make up, and would normally leave the rest of us speechless, along with comments in the immortal spirit of the legendary Waldorf & Statler.
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Episode Guide
- February 2010 (3)
- January 2010 (3)
- December 2009 (5)
- November 2009 (15)
- October 2009 (14)
- September 2009 (5)
- August 2009 (8)
- July 2009 (17)
- June 2009 (14)
- May 2009 (35)
- April 2009 (68)
- March 2009 (44)
- February 2009 (39)
2 comments:
Students are submitting ideas on cost cuts.
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The 170 submissions so far include charging tour groups to enter Harvard Yard and having students clean their own bathrooms instead of paying other students to do it under a work program.
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i would like to have seen all the 170 cost cutting ideas submitted, especially if the include such sacrifices as toilet cleaning services.
ha ha ha IAAP indeed my dear Statler
Well, it seems this preposterous cost-cutting measure of banning cookies is directly correlated with
the departure of senior personnel...
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