I find it hard to believe NC State would sell the Hofmann Forest and put the money in the stock market. This shows a complete lack of good judgement. The stock market is too risky and is being manipulated by the Federal Reserves constant printing of money. The market could fall and the principle could drop by half in a matter of weeks. How stupid can you be? They have a beautiful natural resource generating good income and they want to gamble it in the stock market. Who will take the blame if this becomes a huge loss of revenue or a harmful ecological impact on Eastern North Carolina. I would like to know if the buyer is American owned and it's owners names. I am concerned and hope that something can be done to stop this!
Make sure you're signed up so we can inbox you the latest.
Login to choose your subscriptions!
Indy Week • 201 W. Main St., Suite 101, Durham, NC 27701 • phone 919-286-1972 • fax 919-286-4274
RSS Feeds | Powered by Foundation