Yale Endowment down 25%

<p>Is it true that Bernie Madoff attended Yale B.A. and Harvard Law? If this is true, I would think these schools would want articles in the New York Times to emphasize the Ethics courses that they teach. The emphasis placed on Hedge Funds is concerning in that many people are beginning to think they are all Ponzi Schemes. If confidence is lost, will the Yale Endowment be able to sustain their spending?</p>