I don't know much about economics...

...but I know what I don't like...bankers.

The most amusing part of the recent Bloomberg piece on Harvard's failed attempt to protect itself against interest rate risk, surely was this;

Harvard’s woes stemmed from misunderstanding its role, said Leon Botstein, president of Bard College in Annandale-on-Hudson, New York.

“We shouldn’t be in the banking business, we should be in the education business,” Botstein said in a telephone interview.

In the middle of writing an article detailing an interest rate derivative investment that backfired, naturally you'd call a symphony conductor for his input. 
Maybe the trustees of Bard College might want to think about how capable a man who thinks educational institutions don't need to be bothered with interest rates, is to lead theirs.