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Overspending Prompts Nobel Prize Payout Cuts Options
Daemon
Posted: Saturday, June 23, 2012 12:00:00 AM
Rank: Advanced Member

Joined: 3/7/2009
Posts: 31,833
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Location: Inside Farlex computers
Overspending Prompts Nobel Prize Payout Cuts

The weak global economy has claimed a new victim—the Nobel Foundation. It has been announced that lower than expected returns on investments over the past decade have made it necessary for the organization to cut the prize money awarded to Nobel laureates by 20 percent. The foundation is also looking for ways to cut administrative costs as well as expenses related to the Nobel Prize celebrations, as overspending in these areas is also a concern. More...
jcbarros
Posted: Saturday, June 23, 2012 11:22:20 PM

Rank: Advanced Member

Joined: 5/14/2010
Posts: 2,362
Neurons: 9,127
Then I pull myself out of it.
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