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Posts Tagged with "endowment"

Be on the lookout for the December issue of The Blue & White, arriving on campus this week. In the meantime, Bwog will honor our heritage/amorous affair with our mother magazine by posting features from the upcoming issue. Such treats include a discussion of Occupy Wall Street with Columbia professor Todd Gitlin, a look at Columbia’s proposal for a new […]

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Well-Endowed

You may have seen it in the news yesterday morning, but we just wanted to make sure you were aware that Columbia’s endowment is flush with hard-earned and successfully-invested dollars. $7.8 billion of them in fact, (you might be interested to know that the cost of Manhattanville was pegged at $7 billion). Think about all […]

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Ramapo College in Mahwah, NJ has banned the alcoholic energy drink Four Loko. Let’s hope this disturbing trend stays in Jersey. Or not. (CBS New York) Princeton’s endowment posted a mere 14.7% gain last year, to Columbia’s 17%. (NYT) The New Museum’s latest exhibit contains a newspaper on the end of newspapers. (Capital NY) This […]

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PrezBo was unwilling to display the recent gains posted by the endowment at the Fun Run on Friday.

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Know what you’re going to be for Halloween? Neither do we. With three days to go, it’s time to give in and get serious—you’re not going to buck gender normativity this year, pal. But all is not lost, with this list of easy-to-find, last minute costumes. Hustle over to Ricky’s (you know you’ve always wanted […]

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In a surprising blow to future bureaucrats, Columbia cuts funding for student governing boards (Spec). New York finds out who will take on Bloomberg as residents vote in primary elections (NY1). While you’re still smoking 25 feet away from Butler, remember that the city might ban smoking in public parks (Gawker). Remember that one time […]

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Even though Blair from Gossip Girl considers them her “holy trinity,” 2/3 of HYP are officially Big Losers now! (WSJ) (Bloomberg) Columbia, on the other hand, reports smaller losses. (Reuters) Morgan Stanley’s new CEO made it through the B-School. (WSJ) New York Fashion Week keeps on strutting its stuff, despite the recession. (NYT) And in […]

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Yes, the endowment may have taken a plunge in recent months, but you may have noticed the news was largely lacking in stories about spending cuts around Columbia. Contrast that with our friends in places such as New Haven, Princeton, Ithaca, and (especially) Cambridge, all of whom knew long ago that cuts were on the […]

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PrezBo has decided to close the academic year with a less-than-cheery missive about the University’s budget. Not surprisingly, the numbers have declined more since January: “For the first nine months of the University’s fiscal year ending on March 31, 2009, the value of the endowment declined nearly 22%, with private investments and real assets valued […]

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Ah, memories of when money grew on trees: a study by the Council for Aid to Education determined that Columbia raised $495.11 million in Fiscal Year 2008, an increase of 17% over FY 2007, good for third in the country. The only two schools to raise more money than Columbia? Stanford ($785.04 million) and Harvard […]

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After PrezBo’s announcement about the state of the endowment, Bwog decided to see how Columbia’s finances are doing relative to other Ivies. The results offer great opportunities for schadenfreude since Columbia’s predicted loss may be the lowest in the League. As posted last night, Columbia has far out-performed Harvard and Yale, which lost 22 percent […]

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Another month, another depressing e-mail about the state of Columbia finances: earlier this evening, President Bollinger sent an email to the Columbia community (which may or may not have reached your inbox at this point) about the state of the endowment, and this time he included actual figures! After spending a paragraph on why “Columbia […]

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And yet more benjamins go up in smoke. Earlier this afternoon, Columbia confirmed a Bloomberg News report that it had “uncovered” a $3 million loss in its law school endowment tied to Bernie Madoff. Madoff is currently out on bail for what many are calling the largest Ponzi scheme in history. The $3 million is […]

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Classes “begin” in a few days, figuratively because a few of Bwog’s have already been canceled for CC’83 Awesomeness Festivities.  But your fair university didn’t get nearly as much sleep as you did over break.  Here’s what Alma Mater’s been up to. People of Old Alumni provide proof that we’ll all find jobs, eventually.  In […]

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Three pieces of Columbia-related real-world news: first, some dude named Barack Obama has been chosen as TIME Magazine’s Person of the Year. The most interesting part of the feature are “previously unpublished photos” of a very cool lookin’ Obama, taken while he was at Occidental, a year before arriving at Columbia. One of the photos […]

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