from the school-of-hard-knocks dept.
Nick Irelan writes "In 1994 Stanford set aside $60 million to aquire the latest financial and management software from PeopleSoft and Oracle. However, the upgrade that was planned years ago is still not complete. Stanford has even begun outsourcing! 'Those who can't do teach :)'."
Loan-department manager: "There isn't any fine print. At these
interest rates, we don't need it."