Oxford University

Individual Oxford colleges – there are thirty-eight altogether - have issued bonds in the past, but this will be a first for the ancient University as a whole. Timed to perfection for its upcoming bond issue, Moody’s today assigned a “AAA” credit rating, with a stable outlook, to the 900-year old institution.

Letter from Oxford

Paul Craig Roberts

The letter below came to me from Oxford University where I was a post-graduate.

I do not think it conceivable that the letter was actually written by Oriel College, or any authority at Oxford. This letter was written in exasperation by someone who feels that the civilized world has collapsed around him. This is a letter that the author of the letter wishes had been written.