Write a letter to the editor
Harvard University, which, like UVA, uses the so-called “Yale model” of investing its endowment, is now reporting a 22 percent loss, which is more than UVA’s alleged 18 percent loss.
Write a letter to the editor
More peds hit
Two pedestrians have been struck by vehicles in the last 24 hours according to alerts sent out by emergency officials. On Thursday morning just before 10am, a pedestrian was struck in the 2400 block of Fontaine. And minutes before 3pm today, a pedestrian was struck in front of Beecroft and Bull in the Barracks Road Shopping Center. (2)
Miller Center tape reveals Nixon knew of Felt
The world didn’t know that FBI associate director W. Mark Felt was the anonymous source known as “Deep Throat” for Washington Post reporter Bob Woodward’s coverage of the Watergate scandal until 2005. However, a recording from UVA’s Miller Center shows that President Richard Nixon had a pretty good idea that Felt, who passed away yesterday at the age of 95, was the Post’s inside man. On October 19, 1972, nine days after an article claiming the Watergate burglary was part of a greater campaign of political spying by the FBI, Nixon chief of staff H.R. Haldeman told Nixon that an internal investigation turned up Felt’s name, to which Nixon responded, “Why the hell would he do that?” When Haldeman explains his suspicion, he advises Nixon not to retaliate against Felt for fear he’d reveal “everything there is to know.” Nixon agreed. “Do anything?” he said, “Never!” –FBI file photo (0)
Cho's VT writings now online
Hundreds of pages of internal university documents released to the families of the victims of the April 16, 2007 shootings at Virginia Tech are now online. Among the papers posted by the Tech’s Collegiate Times are several writings by Seung Hui Cho, the 23-year-old senior who shot and killed 32 Tech students and faculty before committing suicide. In one piece he read aloud to his Advanced Poetry class on October 10, 2005, reportedly the only time he ever spoke up in that class, he called his classmates “despicable human beings who are all disgraces to human race” and said, “I hope y’all burn in hell.” (1)
Snap o' the Day: First local ped crossing
Workers inspect their handiwork Monday, December 15, at what may be Charlottesville’s first pedestrian-only railroad overpass. This one appears to connect what remains of the Lee Street parking deck to the UVA’s new 11th Street parking garage, in a view looking west toward the old hospital from the site of what was Trax nightclub. “They need one of these over the Corner,” says the photographer, Kevin Cox, no fan of the Charlottesville PD’s summertime crackdown on tracks-crossing pedestrians. (0)
Kaine chops $23 million from UVA
Governor Tim Kaine’s proposed cuts in the face of a nearly $3-billion state budget shortfall slice another $12.4 million from UVA, bringing the total to $23 million less the university can expect for the 2009 fiscal year. Staffing makes up two-thirds of UVA’s operating budget. “We don’t have layoffs in our plan,” said Leonard Sandridge, UVA’s chief operating officer in a conference call with reporters. “But we don’t know what the next six months will bring.” (2)
You’re right to use the word “alleged,” Hawes, since UVa’s loss will prove to be much larger than 18%.
And what you don’t mention is how much larger Harvard’s endowment is compared to Virginia’s. What’s that number?
S&P is down 40%; Dow is down 40%. Give UVa a break for God’s sake.