Financial_Crisis@harvard.edu

Global financial crisis has now reached the most prestigious and probably the richest academic institution in the world - Harvard University. 

Harvard Universit President Drew Faust said the school is preparing for ``unprecedented'' losses in its $36.9 billion endowment and will seek new sources of revenue and savings.

Another option is ask for a bailout package to avoid the potential "systemic risk" !

© Rohit Deshpande