I think it would be called a 'bailout.'

 

 

A. Leon Polhill

FlaNative1845

330 NW 45th Street

Gainesville, FL 32607

(352) 367-4642

 

-----Original Message-----
From: [email protected] [mailto:[email protected]] On
Behalf Of Oliver Barry
Sent: Saturday, December 13, 2008 11:45 AM
To: [email protected]
Subject: [gatortalk] FW: [gatornews] [SUN]: UF's endowment takes $104M hit
(Curry)

 

Hmm...  I wonder how long it will be before the semis are petitioning the
state legislature to help them beef up their endowment.  :-)

Oliver


UF's endowment takes $104M hit

By Christopher Curry <mailto:[email protected]> 
Gainesville Sun Staff writer
Joining the massive group of investors stung by the recession and falling
prices, the University of Florida's endowment took an approximately $104
million hit during the first quarter of this fiscal year.

According to a Palm Beach Post report, UF's endowment lost a smaller
percentage than that of Florida State University, which dropped from $447
million on Jan. 1 to $318 million on Sept. 30.

 





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