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by dekhn 492 days ago
They already fund a fraction (1/3, I think) of their annual operating budget (>$6B) doing something similar to that. Ah, the article you linked says more or less that.

IIUC, The controversy was that some folks wanted to draw down the principal to do capital improvements (new buildings, etc) and other folks wanted to be as conservative as possible (potentially not even using the interest for operations).