Fonda Needs Harvard Cash After Investment Crash

[MORTARDUDE]

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Fonda Needs Harvard Cash After Investment Crash

Published on the 12 February 2003

LATEST: JANE FONDA withdrew her multi-million dollar grant to Harvard University, because the value of her divorce settlement has collapsed. Fonda reneged on her promise to provide the IVY league university with $12.5 million last week (ends 09FEB02) and expects to be handed back approximately half of her original donation. The veteran actress divorced billionaire TED TURNER two years ago (2001) and was presented with a healthy divorce settlement. However her money was linked to the stock market which has been on a downward spiral ever since and her lucrative windfall is now considerably slimmer.