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...recent healthcare overhaul included legislation to move away from bank-funded loans toward an expanded direct-lending program run by the federal government. This adjustment was intended to direct $36 billion across 10 years to Pell grants for students from low-income families...

Author: By Julie R. Barzilay, CRIMSON STAFF WRITER | Title: Harvard Resists Reagan’s ’85 Budget | 5/27/2010 | See Source »

...prepared statement, Treasury Secretary N. Gregory Mankiw urged investors to remain calm. Secretary Mankiw also noted the strong balance-sheet positions of the nation’s leading commercial banks, including Citigroup, J.P. Morgan, Goldman Sachs, and Bank of America. None of these banks have participated materially in the wind-farm boom of the past several years, and all maintain equity capital levels well in excess of the minimum regulatory requirement of 15 percent...

Author: By Jeremy C. Stein | Title: The Next Financial Crisis | 5/27/2010 | See Source »

...most part, Ivy League basketball is a horizontal game—earthbound players embracing the fundamentals (the layup, the bank-shot, the bounce pass). The occasional dunk always excites the crowd because Ancient Eight basketball rarely occupies a vertical dimension...

Author: By Timothy J. Walsh, CRIMSON STAFF WRITER | Title: MALE ROOKIE OF THE YEAR: Casey Jumps to New Heights | 5/27/2010 | See Source »

...Women” initiative says it: Educational initiatives for girls in the third world are the key to a successful international development strategy. As Harvard University President Emeritus Lawrence H. Summers observed years ago in a speech to a Development Economics Seminar at the World Bank, “When one takes into account all its benefits, educating girls yields a higher rate of return than any other investment available in the developing world.” A 2010 World Bank “News and Broadcast” article in honor of International Women’s Day corroborates...

Author: By Elizabeth C. Cowan | Title: The Importance of Educating Girls | 5/26/2010 | See Source »

Among its holdings in U.S. companies, the University appeared to have moved away from certain sectors, in particular the financial sector. HMC sold its $35 million holding in Bank of America and its smaller investment in Citigroup...

Author: By Elias J. Groll and William N. White, CRIMSON STAFF WRITERS | Title: Harvard Cuts Endowment's Stock Holdings in First Quarter of 2010 | 5/18/2010 | See Source »

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