#john michaelson

[rhetthammersmithhorror]

Stakes | 2002 

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(attachment unavailable) @MetLife @JoinCambridge

The details of what transpired between John Michaelson & Cambridge Associates are still closed to me, but large assets disappeared from Cooper’s Portfolio beginning in 2002 (per page 7: http://www.cooperuniontaskforce.com/staticdata/doc/huron-20140115.pdf ). John Michaelson joined the Cooper Union board of trustees in 2001 & was chair of the investment committee until less than a year ago. Despite selling off these assets, Cooper Union’s deficiits surged due to large “operating expenses”, which included investment consulting fees for underperforming portfolios..

Former Chairman Ron Drucker enabled MetLife to give Cooper Union a predatory loan.

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@cambridgeintern @JoinCambridge @MetLife

https://www.linkedin.com/company/6987/comments?topic=5945652984993062912&type=U&scope=6987&stype=C&a=RY81&goback=%2Ebzo_*1_*1_*1_*1_*1_*1_*1_*1_6987 they actually did delete my comment here setting Cambridge Associates up to be on the same shithead level as MetLife.

The details of the MetLife loan are pretty spelled out. interest rates were high, but prepayment penalty and taking 0 off of principal for the first decade were more major, criminal, scourges..

Cambridge Associates, on the other hand, had some shady dealings with John Michaelson a few years back where investment portfolios “underperformed”. By deleting my comment, Cambridge Associates draws more attention to their own questionable portfolio as well as Jerry Speyer’s criminal handling of the Chrysler Building & Rose Associates (+Morphosis’) way over budget construction project.