I agree it would have been over the line, if it hadn't been so desperate. It sounds like it was do or die - in that sense, it shouldn't be interpreted as a stra

I agree it would have been over the line, if it hadn't been so desperate. It sounds like it was do or die - in that sense, it shouldn't be interpreted as a strategy, reckless or not. Everyone involved admits it was a gamble. I get the feeling the Cooper Union situation was, although bad, not as bad as what Fedex was in. Cooper Union made a gamble, failed, and was still able to continue to run (2 years of debate, plus funds to run until the 2014 school year when the fees actually kick in). That tells me it wasn't a do or die situation; they still had rope left. Even now, I'm not convinced they exhausted all available, smarter avenues. I'm also kinda surprised their books aren't open if they've been debating for 2 years.