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...Board may once again find itselfimmersed in controversial policy issues. Somealumni favoring divestment are working toreinvigorate the Board by forcing it to considerissues of political import. Saying the overseersrepresent a chance for democracy in the governanceof Harvard, a group calling themselves AlumniAgainst Apartheid (AAA) will this week submitpetitions to get a slate of pro-divestmentcandidates on this year's overseers ballot...
This year AAA plans to run a full slate of sixcandidates for the Board. (A resignation hasopened up one more spot on the Board, wheremembers usually serve for six years.) Thesecandidates bring impressive resumes as well as apro-divestment position to the race. They are: NewYork City Councilor Ruth Messenger '62. ConsulWashington, counsel to the House Committee onEnergy and commerce, Peter D. Wood '64, aprofessor of history at Duke University, VictorSidel, a physician and social activist, JeromeGrossman '38, an activist for liberal causes andMassachusetts businessman, and Harold Burns, viceprovost of the City College of New York...
...decades the term junk bonds referred primarily to the downgraded securities of companies that had run into financial trouble. Standard & Poor's, the investment-research firm, classifies junk bonds as those rating lower than BBB on a scale of AAA to D. Few prudent investors wanted to touch such securities until the 1970s, when a young Drexel investment banker named Michael Milken began touting them as a good deal. He contended that their high yields, typically 3% to 5% above those of U.S. Treasury bonds, were extremely attractive, since junk bonds had historically gone into default only slightly oftener than...
Recruiting trips and phone marathons are keeping the Admissions Committee of the Asian American Association (AAA) busy, as Byerly Hall's search for talented minorities pulls into the homestretch. The AAA members work with representatives from other minority groups on campus under the auspices of the Undergraduate Minority Recruitment Program (UMRC), through the Admissions Office...
Contacting low-income, inner-city Asians, answering their questions about Harvard and encouraging them to apply to Harvard compose the core of the AAA admissions committee's work, says committee co-chairman David...