Yale Daily News

Updated: Tuesday, December 2, 2008 at 2:35am

Yale Daily News - Media Content

Go Back

Even the Ivory Tower has been affected by Enron’s collapse. Yale’s endowment, which had seen rapid growth over the past decade, suffered a nearly $1 billion hit, in part, because of Enron’s sudden decline in value.
AFP/
Even the Ivory Tower has been affected by Enron’s collapse. Yale’s endowment, which had seen rapid growth over the past decade, suffered a nearly $1 billion hit, in part, because of Enron’s sudden decline in value.

Related Article

Endowment takes billion dollar loss 4.01.02

This story was published on April Fools' Day. The Yale Investments Office disclosed Friday that the University's endowment suffered a nearly $1 billion loss during the recent collapse of several key investments, including Enron. The loss, incurred...

Add Comment

You are not logged in. We do allow posting without registration, but we encourage you to register or log in to enjoy full access to our comments features!