Hey any of you Okies heard this one yet??
http://www.faniq.com/blog/T-Boone-Pickens-...Debt-Blog-12968
it seems someone donated 165 million in a hedge fund, the university started to use the money but didn't take it out of the hedgefund. Then on the recent stock market all of that money has dissappeared but the 200Mil they have spent hasn't.
This is scary, why would they do this?? I mean this is person economics 101, don't spend money that isn't in your checking account. Don't spend a paycheck you haven't cashed.
http://www.faniq.com/blog/T-Boone-Pickens-...Debt-Blog-12968
it seems someone donated 165 million in a hedge fund, the university started to use the money but didn't take it out of the hedgefund. Then on the recent stock market all of that money has dissappeared but the 200Mil they have spent hasn't.
This is scary, why would they do this?? I mean this is person economics 101, don't spend money that isn't in your checking account. Don't spend a paycheck you haven't cashed.