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...Although there is no direct evidence that rating agencies purposefully overrate these bonds, the fact that the agencies??€™ customers are the very same banks who are trying to sell these dubious securities raises conflict-of-interest issues. These rating agencies are thus not independent, objective judges of quality. Regardless of whether accusations against them are valid, such lack of transparency and failure to rate these securities accurately leaves rating agencies on the hook...

Author: By Jeffrey D. Nanney | Title: Greed Is Not Good | 2/11/2008 | See Source »

...snow blanketed the Yard last night, a small group of aspiring epicureans practiced seeing, swirling, sniffing, sipping, and savoring wines as part of Harvard Student Agencies??€™ (HSA) introductory wine-tasting course. Throughout the evening, five undergraduate attendees sampled 21 kinds of wine, describing them as having oak flavors, emitting whiffs of jalapeno peppers, containing hints of leather, and resembling Dr. Pepper. The four-hour course took place in Boylston Hall’s Ticknor Lounge. The tasting cost $125 for Harvard affiliates and $150 for non-affiliates, although group discounts were available. Participants received a $25 wine guide...

Author: By D. PATRICK Knoth, CONTRIBUTING WRITER | Title: Students Pop the Cork at Wine Tasting | 12/3/2007 | See Source »

...knew the debates that dominated the press in the U.S. More aid, people like Jeffrey D. Sachs ’76 argued. No, their critics responded: look at how little aid has accomplished proportional to the money spent. The critics blamed the corruption of African leaders or aid agencies??€™ bureaucratic bloat...

Author: By Lois E. Beckett | Title: Candy for Africa | 7/26/2007 | See Source »

This time of year ten years ago, Phillips Brooks House (PBH) modestly collected toys for five child service agencies. Today it’s targeting twice as many agencies??€”aspiring to collect more than 1,000 toys for needy children in the Cambridge and Boston area. After a two-week drive to collect gift items ranging from stuffed animals to DVD players, the PBH Holiday Gift Drive will wrap up tomorrow. The gift drive is been an opportunity for Harvard’s employees to give to the community, said Zandra Kambysellis, the PBH department administrator in charge...

Author: By Alison S. Cohn, CONTRIBUTING WRITER | Title: PBH Aims to Collect 1,000 Toys for Needy Kids | 12/12/2006 | See Source »

Romney announced on Tuesday that he would not allow any state agencies??€”including state police—to provide support for the event. Yesterday’s event was secured by Harvard and Cambridge police as well as the US State Department...

Author: By Claire M. Guehenno, CRIMSON STAFF WRITER | Title: Khatami Slams ‘Imperial’ U.S. | 9/11/2006 | See Source »

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