Harvard Derivatives Whiz Fired For Emailing Larry Summers About "Frightening" Trades? Read the whole thing. Via Instapundit.

I used to think my alma mater, Emory University, was crazy for keeping over half their assets in Coca-Cola stock, but now after seeing how some of these so-called financial geniuses manages other major university endowments into the toilet (Harvard is probably down over 30% in the last year), the Emory managers are looking A LOT smarter.