UR Feels Credit Crunch
As reported in today’s Times-Dispatch, the University of Richmond is one of about 1,000 schools affected by Commonfund’s Short Term Fund’s decision to partially freeze withdrawals this week. Wachovia Corp is trustee for the $9.3 billion fund. According to the article: Herb Peterson, UR’s vice president for business and finance, called the action “concerning but understandable.” UR […]
As reported in today’s Times-Dispatch, the University of Richmond is one of about 1,000 schools affected by Commonfund’s Short Term Fund’s decision to partially freeze withdrawals this week. Wachovia Corp is trustee for the $9.3 billion fund.
According to the article:
Herb Peterson, UR’s vice president for business and finance, called the action “concerning but understandable.”
UR […]
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