October 9, 2008
Credit Squeeze Exposes Weaknesses in College Investment Strategies
The credit crisis tying global financing systems into knots has left hundreds of colleges scrambling for cash to pay their bills and to cover the spiking interest on their debts.
While it is still unclear to what extent the federal government's new $700-billion bailout package will help unwind the credit tangle, the crisis has exposed weaknesses in policies and management that left some institutions more
The Chronicle Review