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...fiscal year, Harvard’s endowment decreased 26 percent—roughly 11 billion dollars??due to the national market crash in the fall...

Author: By Sofia E. Groopman, CRIMSON STAFF WRITER | Title: Study: Colleges Caused Financial Crisis | 5/24/2010 | See Source »

Though concerns have persisted over compensation at HMC—where managers can net millions of dollars??top officers at the University itself earn modest salaries in comparison with administrators at peer institutions like Columbia and Yale, and have avoided similar criticism...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Harvard Natural Target for IRS Audit, Administrator Says | 1/14/2010 | See Source »

...mayor Yury Luzhkov is bringing out the big guns when it comes to fighting snow this year in Russia’s blizzard-prone capital. According an article in Time Magazine, Luzkhov’s new initiative–ringing in at just a few million dollars??will have the Russian Air Force spraying snow-bearing clouds with a fine chemical mist that will force clouds to dump out their wintry precipitation before reaching the city’s borders...

Author: By Janie M. Tankard | Title: Russia: Don't Let It Snow | 10/20/2009 | See Source »

Herrell’s Ice Cream, the Harvard Square sweet-tooth haven famous for “Herrell’s dollars?? and apple pie à la mode, has announced that it will close its doors after 27 years of service. And while its management plans to reinvent the space as a casual dining establishment that will still serve some ice cream, it’s a sad day whenever such a deeply rooted institution is forced to close, regardless of the reasons...

Author: By The Crimson Staff | Title: A Sad Day for a Sweet Tooth | 9/20/2009 | See Source »

...desirability meant that Cambridge real estate tended to carry a hefty price tag. In 1959, Harvard offered to pay around $4 million, or the equivalent of $5 per square foot, plus an additional $1 million for the property. University officials said at the time that the extra million dollars??the equivalent of $7 million today—was intended to help the MTA relocate its switching yards, which was required in order for the transportation authority to sell its land.There was some concern that the University would not actually be able to pay the amount it had promsed...

Author: By Sarah J. Howland, CRIMSON STAFF WRITER | Title: Harvard Begins Battle for MTA Site | 6/1/2009 | See Source »

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