One of the more frustrating things about Obama’s economic team and policy has been the use of the same advisors who contributed to the conditions that made the Great Recession possible (Geithner, Summers, etc.).
Some schools, such as the University of Pennsylvania, saw the changing and challenging economic environment and shifted their investments accordingly. An earlier email by Penn President Amy Gutman (via Business Insider) detailed the investment strategy and operating cost-containment measures:
