This is really sad and goes to show that nobody is exempt in the world we live in today. It’s the first time in 63 years that reductions were made. 
Same sad story, bad investment performance with poor equity. You can watch the video and hear all the details. The foundation has changed their investment schemes too and will send more over to areas like Hedge Funds. Basically they have more going out than coming in. BD
http://online.wsj.com/video/financial-woes-for-nobel-as-prize-money-is-reduced/470D8968-16ED-4573-AEF8-D24EA4ADD875.html
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