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Q&A | Levin: 'This is not the end of the world' 12.16.08
Richard Levin, who assumed office in 1993, has served as Yale’s president in a period of remarkable economic prosperity. Now, as he outlined Tuesday in a 2,000-word letter to faculty and staff, he and his colleagues face the challenge of balancing ambitious new initiatives with the reality that Yale’s endowment is today worth three-quarters of what it was on June 30. Levin, who is also the Frederick William Beinecke Professor of Economics, spoke by phone to the News on Tuesday about the state of Yale’s finances.
