<p>PolarBear, in terms of an internet message board, 2008 *is *the distant past. People who participated in this thread originally will be long gone by now. It’s not an uncommon phenomenon to see new participants replying to conversations that have been dormant for years, as you just did. For regular participants on the boards, that’s unhelpful at best, and irksome at worse. (OK, actually, I could use more forceful words than irksome, but I think you get my point.) So I’m trying to ask nicely: no matter what Google does, when you have questions about the current goings-on at any college or university, will you please start a new thread instead of reviving one that’s basically dead?</p>
<p>Moreover, in terms not just of Brandeis but of the national economy overall, 2008 has little bearing on 2012. Brandeis was hit hard by the economic downturn of 2008, not only because its own investments lost significant value, but also because many of its benefactors were in a precarious financial situation. When the economy tanked, all kinds of organizations that rely on donations (colleges, symphonies, food pantries, etc.) saw donations drop off because their donors had less cash to spare. In addition, while Brandeis was not damaged financially by the Madoff ponzi scheme, many of its benefactors had invested with Madoff. So, the benefactors who lost a bundle to Madoff could no longer support Brandeis. But the point is, since that time, the financial markets have rebounded considerably, even if the economy hasn’t added jobs in the way anybody would have wanted. People’s investments, generally, have now recovered all the value that they lost when the markets crashed in 2008, and more.</p>
<p>With Brandeis’ endowment having recovered the value it lost in 2008, and with new institutional leadership in place, I’d give odds that Brandeis’ condition today is barely more influenced by the downturn of 2008 than it is by the stagflation of the recession of the 1970’s or the Panic of 1873.</p>
<p>In other words, I beg to differ. For the purposes of this discussion, I think 2008 is the distant past. And EenyMeeny seems to think so, too. </p>
<p>But now that we are where we are, having already revived this thread, I’d be curious to know what others, more connected to Brandeis than I am, have to say.</p>