3 ms·
The UK's offenders: * Oxford * Cambridge * The University of Law Employee Benefit Trust
by icc97 9y ago
The UK's offenders:
* Oxford
* Cambridge
* The University of Law Employee Benefit Trust
- stordoff 9y agoCambridge, FWIW, seems to be mostly individual colleges rather than the University itself. Given the size (and presumably diversity) of their endowment assets[0], I don't find this much of a surprise. [0] e.g. Trinity ~£1bn per https://www.trin.cam.ac.uk/alumni/giving-to-trinity/annual-report/financial-faqs/ https://www.trin.cam.ac.uk/alumni/giving-to-trinity/annual-r..., Gonville and Caius ~£150m per https://www.cai.cam.ac.uk/alumni/campaign-brochure/the-endowment https://www.cai.cam.ac.uk/alumni/campaign-brochure/the-endow...
- icc97 9y agoI'm guessing these are just the ones that got caught. I would be surprised if the London Universities e.g. Imperial, LSE would miss out on doing similar things with their funds.
- ringaroundthetx 9y agoIt is very presumptuous to say offender. Which moral argument do you think they are undermining, and what proof do you have of that? A registered entity in a Caribbean nation is just as benign as a registered entity in a United State.