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Wednesday, October 15, 2008
Nerd News, Financial Apocalypse Edition: Oxford's Frozen Assets
England's venerable
Oxford University has financial assets now frozen
in Iceland's failing banks. The total amount of trapped cash is estimated to be around
30 million pounds
(nearly $60 million US).
RELATED POSTS:
900+ American colleges and universities
feel the effect of Wachovia's bank collapse
.
The entire nation of
Iceland is bankrupt
.
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