Yeshiva U. Plan To Shed Albert Einstein Money Pit Collapses
Yeshiva University’s plan to shed its cash-draining medical school to Montefiore Health System has collapsed. The breakdown of Y.U.’s plan to hand over operational and financial responsibility for the Albert Einstein College of Medicine, revealed in a December 9 report by Moody’s Investors Service, has exacerbated Y.U.’s financial woes. Moody’s left its B3 junk status…