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...Faculty of Arts and Sciences is nearing the end of a redesigned budgeting process used to help reduce a deficit that currently stands at $80 million...
After the recent report that Goldman Sachs CEO Lloyd C. Blankfein '75 was copied on an e-mail suggesting Goldman knew that Harvard would lose in a $500 million credit default swap, his loyalty to Harvard may have come into question. But it is worth noting that Blankfein has donated millions to Harvard, creating a scholarship fund for lower-income students and endowing a professorship in the Department of History...
According to Bloomberg, Blankfein also donated $25,000 to the Harvard College Parents Fund both in 2007 and 2008 and $10,000 to the Law School in 2007—in addition to $1 million in 2000 and $1.7 million in 2006 for "general purposes...
Chabad, an Orthodox Jewish center, has offered $6 million for the space, more than double the City of Cambridge’s assessed valuation of $2.7 million...
Harvard’s Chabad House, which coordinates outreach to the University’s Jewish community, currently owns a building on Banks Street near Dunster and Mather Houses, which it purchased for $1.5 million...