Word: anadarko
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...Anadarko, Okla...
IDENTIFY LIKELY WINNERS Gold stocks (Barrick, Newmont) and oil services and drillers (Anadarko, Schlumberger) tend to rise amid global turmoil. They also benefit from the kind of global expansion we're now seeing (led by China). Traditional safe-haven stocks like drugs (Pfizer, Merck), tobacco (Altria) and beverages (Anheuser-Busch) would hold up relatively well, and may come into favor anyway because they pay decent dividends...
...scrutiny continued early last month, when HarvardWatch released a report detailing a partnership formed in December 1990 between HMC’s then-venture capital division, Aeneas Venture Corporation, and Harken called the Harken Anadarko Partnership...
...Harvard became more heavily invested in Harken, it took on an even larger role as an investor when it helped to create Harvard Anadarko Partnership (HAP) in December 1990—a move which helped Harken to remain solvent and which HarvardWatch has compared to the off-the-book shadow companies and partnerships used at Enron...
HarvardWatch stated that Harken and the University formed an “off-the-books partnership,” called the Harken Anadarko Partnership (HAP), in December 1990. Harken reportedly held 16 percent of HAP, while 84 percent was owned by Aeneas Venture Corporation, a division of the Harvard endowment that funds venture capital projects...