Phi Beta Cons

Harvard’s Financial ‘Whizzes’ and Debt Issuance

From Bloomberg News: Harvard gets stuck with above-market debt costs as bankers reap millions.

With all its high-priced money managers and high-powered business profs, couldn’t the university have been more effective in bringing its own debt issues to market pricing?

Candace de Russy is a nationally recognized expert on education and cultural issues.
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