Harvard--Had No Idea Things Were This Bad

<p><a href=“Wall Street, Still a Giant Garbage Heap - WSJ”>Wall Street, Still a Giant Garbage Heap - WSJ;

<p>If Mr. Briger is correct, and I think he is, then there is still good reason to be concerned about the value and liquidity of the heavily tier 3 endowments. My favorite quote is “Mr Briger said the improved environment is, in effect, a charade, with everyone from central banks to large financial institutions “in cahoots” to boost lending markets and consumer confidence”.</p>