<p>toledo – not all; some are athletes, some are from geographically desirable areas (desirable to colleges that is)</p>
<p>Did Harvard have all of its investments in bad Wall Street stuff? One year ago and more, CC’ers were talking about how H never had to even touch its endowment: it was just excess, and the person in charge of their investment was some kind of brilliant genius.</p>
<p>(Sorry for my economic ignorance.)</p>
<p>partly answering self, I read the NYTimes articles posted in the CC H forum. It still seems so sudden for an operation that was heralded to be swimming in money just 2 years ago, not knowing what to do with it all. Apparently paper worth, not hard cash worth.</p>