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From the Boston Business Journal:
By Craig M. Douglas
Williams College, a liberal arts school located in Western Massachusetts, saw is balance sheet shrink by 20 percent in the most recent fiscal year on some $427 million in nonoperating losses.
Most of those losses stemmed from a $346.9 million hit to the college’s investment portfolio, according to financial filings. [...]
The college’s total assets were valued at $1.64 billion, down 20 percent from the $2.06 billion on its books a year earlier [...]
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