One Canadian’s Comments On Life Lucien W. Dupont’s weblog

Funds are being limited to higher education institutions..

And you wonder how the idiots in congress and all the idiots in America who don’t understand how modern finances work could screw things up? Go read this:

Bank Limits Fund Access by Colleges, Inciting Fears

In a move suggesting how the credit crisis could disrupt American higher education, Wachovia Bank has limited the access of nearly 1,000 colleges to $9.3 billion the bank has held for them in a short-term investment fund, raising worries on some campuses about meeting payrolls and other obligations.