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...part. Romer will join the ranks of Obama’s recently appointed economic advisors: Federal Bank of New York president Timothy F. Geithner will serve as treasury secretary; former University President and former Treasury secretary Lawrence H. Summers will serve as NEC chief; and Congressional Budget Office director Peter R. Orszag will direct the Office of Manamgent and Budget. All three have close ties to former Treasury secretary Robert E. Rubin, an executive at Citigroup and a member of the University’s highest governing board, the Harvard Corporation. University spokesman John D. Longbrake declined to comment...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: CEA Chief Was Denied Tenure | 11/26/2008 | See Source »

...meeting, Smith suggested his intention to reduce costs by “pushing off” pending administrative hires for the current fiscal year ending in June 2009—a move that could save $10 million, he said. But with the Dean’s estimate of the budget shortfall for next fiscal year hovering around $200 million if external estimates prove accurate, cuts beyond the administration freeze may be necessary...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: FAS Institutes Hiring Freeze | 11/26/2008 | See Source »

Harvard will maintain its investments in environmental initiatives despite the tightening University budget, Harvard administrators announced at an event in Sanders Theatre yesterday. Over the last two years, the Faculty of Arts and Sciences has reduced its emissions by 8,300 tons of carbon dioxide—an improvement they say is worth the financial costs. “These are quite challenging times for the University and Faculty of Arts and Sciences,” said FAS Dean Michael D. Smith. “Despite all of the trouble, it’s clear that much good can come...

Author: By Natasha S. Whitney, CRIMSON STAFF WRITER | Title: Harvard To Maintain Green Commitment | 11/26/2008 | See Source »

Several committees have been formed to judge the need for further measures, and the capital budget is being reviewed to determine which construction plans can be deferred...

Author: By Michael Y. Sun, CONTRIBUTING WRITER | Title: Ivy League Universities Issue Statements Concerning Their Responses to the Economic Downturn | 11/26/2008 | See Source »

...competition itself, making sure that we are clear on what endeavors abroad might be supported.” “We’re still in the process of working out the budgetary aspects of it,” Lue said. “There is a budget, but I don’t think we are prepared to speak to what the total budget will be.” Applications for the Rockefeller Grant, along with those for all other Office of International Program Summer Grants, are due in late February. Rockefeller’s April gift also...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Rockefeller Funds Summer Research | 11/26/2008 | See Source »

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