Scientist Warns Cash Woes "Devastating" to Science

jerry submitted, created time 2 months 3 weeks (www.time.com)

Famed scientist Richard Leakey warned that the worldwide credit crisis will be "just devastating" to scientific research. Two of the major sources of funding, interest from endowments and donations from private companies, are already dropping. The full measure of the problem is expected to become visible in 2009, when organizations plan their budgets.

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