Endowment hit hard by Hedge Fund crash

<p>I’d rather be cutting back from a $500 million base than $167 Million (before this year’s cutbacks). Sure most states are in deep do-do right now. But Wisconsin is not NYC either which faces a major depression vs a recession. Virginia will have a similar outlook to Wisconsin with its more balanced economy. Since 2000 UW has received an increase of about $100 Million from the state. Virginia is virtually unchanged at $167 million or so.</p>

<p>Glad to hear things are good in club world–all those out of work and waiting to be fired Ibankers must be keeping the bar busy. Tell me how great NYC is again. Right now most of the country would vote to tie Manhattan to a big tug and take them far out to sea followed by a small nuclear explosion. Enjoy the depression. NY earned it.</p>