[HangnJudge]

Live by the Sword

Die by the Sword

[PGR88]

While this university’s troubles are Madoff-specific, I sense that the overall “higher education bubble” will likely be burst by a slide in the stock-market or some other financial/debt crisis. Just like housing, the Federal Reserve and US government are pumping up a huge debt bubble in education.

[glorgau]

Diversification fail.

[Trod Upon]

Does Yeshiva pump out leftists? IF so, I hope it goes under.

[Opinionated Blowhard]

Its a shame that this is happening but its yet another lesson that there are consequences to decisions. They wanted the high returns that hedge funds bring, but did not appreciate that high risk is always associated with high returns. And no one can tell me that a bunch of university professors were duped by the hedge funds. They were greedy, wanted good returns and bet that the risk would not hit them. They are now facing the consequences of being wrong. There is no magic way out of it.

[reefdiver]

I blew it, should of been selling hedge funds in the late 90s to universities

[x]

Yeshiva lost an estimated $105 million losses with convicted Ponzi schemer Bernie Madoff, who was also a trustee ...

Trustee? Ironic.

[JoeFromSidney]

Yeshiva used to have a good Mathematics department. I don't know if it still does.