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I think the luckiest people in this story are not the countless students who will benefit, but the donors themselves. To be in a position to be able to drop £75M on a favourite project must feel pretty good. What a lovely use of wealth.
I hope the donors keep tabs on what happens to the cash, or at least make contractual stipulations about investment decisions, so there’s no chance of incompetence or greed on the part of the University or their bankers resulting the lot being blown in a generation. It’s very difficult to know what to do with cash these days.
ps. Can you really have degrees of uniqueness? I thought uniqueness was a uniquely digital concept. :)
Permalink Thu, 12 Jul 2012 23:47:02 UTC | #949023