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American colleges and universities lost an average of 23 percent on their endowment investments last semester, according to a national survey to be released today, a drop that is hurting the bottom line across the board, from major state institutions to the Ivy League.
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This entry was posted on Tuesday, December 30th, 2008 at 9:26 am and is filed under Financial Markets, International Hedge Funds. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.