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But the endowment aside, the large loan did have the effect of adding a large amount of leverage to Cooper Union's balance sheet at what turned out to be an especially bad moment.
His outsize bets at MF Global on European sovereign debt - many of which he made personally - proved the firm's undoing because of the large amount of leverage that he used to magnify his bets.
Richard Siderman, the managing director of S.& P.'s telecommunications group, would not say how far that would have been, but he indicated that a failure to follow through on the plan now could lead to a downgrade of two more notches, to BAA+, since it would leave the company both with a large amount of leverage and with reduced credibility after not living up to the promises it had made.
But he argues if the Democratic Party gives in to Trump in their first week, or even their first month, in power it will make the Trump administration think, dangerously, that a government shutdown gives them a large amount of leverage.
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Wall Street firms do, however, use large amounts of leverage.
It's not, and, worse still, as we've seen in the past couple of years, debt magnifies risk: if companies or individuals rely on large amounts of leverage, it's much easier for bad decisions to lead to insolvency, with significant ripple effects in the wider economy.
At their inception the trusts were seeded with small assets, but since then they have benefited from large amounts of leverage, in part in the form of loans from a Pritzker-controlled partnership and from years of business deals that threw profits from the expanding Pritzker empire into the trusts.
But as they have become widespread, concerns have grown that insurers are lowballing their reserves and adding a large amount of hidden leverage to the life insurance industry.
iOS devices have gained a large amount of popularity in organizations by leveraging the bring your own device trend.
Accounts can be opened for as little as $100 and, with leverage, a large amount of capital can be controlled with this small amount of money.
As a wealth marketing strategist, I was impressed to see a commitment to leverage a large amount of dollars towards marketing and education.
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