Columbia says Nutella theft claims don't stick
The university has issued a press release trimming the amount of chocolate-hazelnut spread stolen from its dining halls.
What? Students stealing $5,000 worth of Nutella from Columbia University dining halls each week? That's just ludicrous.Stealing $2,500 in hazelnut-chocolate spread a week? That's more like it.
Being embarrassed by claims in a student paper like the The Columbia Spectator is one thing, but having your starchy Ivy League laundry aired in The New York Times is another matter entirely. So, Columbia took the odd step of issuing a self-deprecating press release on Thursday downplaying claims of grand snack-spread larceny.
Columbia claims the initial Nutella hoarding cost the school $2,500 the first week it was introduced in mid-February, then "quickly dropped to $450 per week for dining halls that serve some 3,600 students, seven days a week at three campus locations."
It also credited the extensive attention the reports received for shaming students into leaving Nutella jars alone and refraining from filling to-go cups with the spread for late-night baguette-and-banana benders.
It all adds up to more publicity than untainted condiments generally get, but Nutella tends to inspire these outsized reactions wherever jars of its rich, decadent spread appear. The problem in Columbia's case is that a Nutella craving is a somewhat costly habit to maintain. Then again, even the Times story suggested that the $5,000 claim was a bit steep, quoting a university spokeswoman who claimed initial reports are "roughly 10 times greater than the actual figures."
Still, Nutella's cost and its reputation as a grocery luxury may have inspired its mass disappearance. Columbia likely issued that release in a good-humored attempt to save face, but its subtext seemed more about saving its already socioeconomically stereotyped student body from itself.
DATA PROVIDERS
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.
RECENT POSTS
While incompetent bosses like Michael Scott and Andy Bernard typically can’t survive in the workplace, office romances are a very real part of corporate culture.
- Southwest Airlines turns less legroom into $773M
- 'American Idol' gets sorry ratings for season finale
- Powerball's wacky sense of humor
- Millions of Facebook's users are actually pets
- Can crowd funding rescue the LA Times?
- Domino's debuts a DVD that smells like pizza
- Average US retirement age climbs to 61
- McDonald's aims to slim down its 145-item menu
- Bathroom reading goes digital with iPad TP stand
MARKET UPDATE
[BRIEFING.COM] The S&P 500 ended this week with a bang, roaring to a new all-time high on the back of stronger-than-expected economic data, influential leadership, and an ongoing appreciation for the Fed's monetary policy support.
The bullish bias was evident in premarket action as the S&P futures pointed to a higher start without the benefit of any definitive news catalyst. Stocks indeed benefited from a blast of buying interest at the opening bell on this ... More
More Market News
TOP STOCKS
All hail the bull market, which ended the week with a big rally. But it also is starting to look a little like 1987, which suffered an epic blow-out.
MSN MONEY'S
- Shared
- Commented
- Viewed



