UO Foundation CEO Paul Weinhold pledges full faith & credit of $1B endowment to maintaining UO’s academic mission:

Just kidding, I haven’t heard a peep from Weinhold lately, he’s busy running a bank on the side. In any case he already promised the endowment to the IAAF to get the Track & Field Championships. The academic side can sink or swim.

Here’s Weinhold telling IAAF President Lamine Diack that if they give Lananna’s Track Town group the championships, the UO Foundation will make good any losses:

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One Response to UO Foundation CEO Paul Weinhold pledges full faith & credit of $1B endowment to maintaining UO’s academic mission:

  1. charlie says:

    They’re gonna need to pay people to show up for the Oly Trials fiasco. Good thing they got a $1Billion lying around.

    BTW, was that $1 Billion endowment valuation before or after the latest bond/equities implosion??

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