<?xml version="1.0" encoding="utf-8" standalone="yes"?>
<oembed>
	<version>1.0</version>
	<type>link</type>
	<objectid>152711</objectid>
	<title><![CDATA[How Much Has Harvard Really Lost?]]></title>
	<url>http://www.huffingtonpost.com/ed-epstein/how-much-has-harvard-real_b_152711.html</url>
	<abstract><![CDATA[Harvard University's admission that it lost $8 billion from its $36 billion
endowment fund, as staggering as it sounds, may grossly underestimate the true magnitude of the
loss between from July 1 through Oct. 31 2008. According to a source close the Harvard
Management Corporation (HMC), which runs the fund for Harvard, the loss is closer to $18
billion if the losses on the fund's illiquid investment are realistically appraised. 
<p><p>
 To be sure, the highly-talented-- and highly- incentivized- MBAs at HMC did exceedingly
well...</p></p>]]></abstract>
	<taxonomy><![CDATA[Business]]></taxonomy>
	<date_published>2008-12-21T15:46:00-05:00</date_published>
</oembed>
