FYI-For those who thought/hoped that the UF endowment might have been spared in the market meltown-- For the last half of 2008 (which was the first half of UF's fiscal year), the UF endowment investment pool lost 18.96%. UF points out that the loss is not as bad as that suffered by Harvard's endowment which was down 22% according to a report in the Wall Street Journal. This came by way of a letter from the foundation saying that many endowment funds will be required to significantly reduce their spending--and of course suggesting that additional contributions to those funds would help.
--~--~---------~--~----~------------~-------~--~----~ GATORS: ONE VOICE ON SATURDAY - NO VOICE ON SUNDAY! 1996 National Football Champions | 2006 National Basketball Champions 2006 National Football Champions | 2007 National Basketball Champions 2008 National Football Champions | Three Heisman Trophy winners: Steve Spurrier (1966), Danny Wuerffel (1996), Tim Tebow (2007) - Visit our website at www.gatornet.us -~----------~----~----~----~------~----~------~--~---
