Endowment hit hard by Hedge Fund crash

<p>Regarding the ridiculous discussion of The Yale Club “article”: the source, The New York Post, is pretty close to a tabloid newspaper. Had a more mainstream newspaper been reported on this story, I’d believe it. I tried to find a more reputable source, but I couldn’t. All I found was coverage of The Post story by [the</a> New York Magazine](<a href=“http://nymag.com/daily/intel/2008/11/expensive_exclusive_ivy_league.html]the”>Expensive, Exclusive Ivy League Club Accused of Snobbery - Slideshow - Daily Intel) and [the</a> IvyGate blog](<a href=“http://www.ivygateblog.com/2008/11/the-first-rule-of-yale-club-is-get-the-hell-out-of-my-yale-club/]the”>http://www.ivygateblog.com/2008/11/the-first-rule-of-yale-club-is-get-the-hell-out-of-my-yale-club/). Both point out that the outraged person cited shares their name with a architecture firm upstate. </p>

<p>There is no story there.</p>

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I’m speechless.</p>