Regarding President Eisgruber’s new budget plan, of course the University has to cut back significantly — $11 billion is a lot of money. I wrote to Eisgruber for a number of years explaining to him the risk of Princeton’s foolish investment strategy. He never replied, and unfortunately, I was correct.
Princeton will need more money in the next few years, and Eisgruber and Weezie Sams ’79, the chair of the Board of Trustees, who just began her 21st year on the board, are not the ones to approach people for it. Consequently, they should be replaced, as well as the Princo board and its old investment strategy.
Regarding President Eisgruber’s new budget plan, of course the University has to cut back significantly — $11 billion is a lot of money. I wrote to Eisgruber for a number of years explaining to him the risk of Princeton’s foolish investment strategy. He never replied, and unfortunately, I was correct.
Princeton will need more money in the next few years, and Eisgruber and Weezie Sams ’79, the chair of the Board of Trustees, who just began her 21st year on the board, are not the ones to approach people for it. Consequently, they should be replaced, as well as the Princo board and its old investment strategy.