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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA00702590: Endowment and Trump (DS9)

Financial RecordDate unavailableEFTA007025901 keyword hits
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The document discusses the financial impact of the 2008 economic crisis on an endowment, noting significant declines in spending and a relatively quick recovery. It suggests that recovering additional costs would require approximately $2 billion in endowment funds.

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Excerpt 1
To put that in context, the financial crisis of 2008, where we saw a significant decline in **endowment**, required us to reduce spending by this same order
Excerpt 2
Fortunately, the recovery of the **endowment** was relatively quick, and we were able to recoup some of that loss.
Excerpt 3
Since this is a recurring cost, attempting to recover this in the future through **endowment** payout would require on the order of an additional $2B in **endowment**

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