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...private equity portfolio. A $1.5 billion sale of its private equity holdings—nearly a third of Harvard’s investments in that sector—would mark one of the largest-ever sales of a private-equity portfolio, The Journal article said. As of June 30, HMC’s planned allocation to private equity for 2009 was up to 13 percent of the University’s endowment, or just under $4.8 billion. University spokesman John D. Longbrake declined to confirm the sale when asked about the Private Equity Week report last week, citing a standing...

Author: By Crimson News Staff | Title: Harvard Sells $1.5B of Private Equity Portfolio | 11/5/2008 | See Source »

...able to move forward.” Proposition 8 passed on Tuesday with 52 percent of the vote, ending almost five months of legal same-sex marriage in California that was ushered in by a May ruling by the state’s highest court. Since mid-June, over 11,000 people have tied the knot in California, surpassing the total number of same-sex weddings in Massachusetts, which became the first state to legalize same-sex marriage in 2004. Last year, the state legislature defeated a constitutional amendment in the Bay State, making it unlikely that the right will...

Author: By Charles A. Lacalle | Title: Students Criticize, Laud California Gay Marriage Ban | 11/5/2008 | See Source »

Unless Dobson has undergone a dramatic political conversion, it's safe to assume he does not consider Barack Obama's election on Tuesday to be divinely ordained. In June, Dobson delivered a furious broadside against the Democrat, charging that he was "deliberately distorting the traditional understanding of the Bible to fit his own world view." And yet in a year in which the economy mattered more than social issues for most voters, Obama's comfortable victory included Democratic gains in every single religious category among the electorate...

Author: /time Magazine | Title: Obama: Bringing (Some) Evangelicals In | 11/5/2008 | See Source »

...think McCain's best years are ahead of him," says Mark McKinnon, who was McCain's chief admaker and a top adviser until June, when he dropped out of the campaign because he didn't want to participate in attacking Obama. "He'll put it all behind him quickly. He'll say the challenges the country faces are greater than any burden he carries from the campaign. And then he can help President Obama get important things done...

Author: /time Magazine | Title: Looking Past Defeat: How Can McCain Recover? | 11/5/2008 | See Source »

...always going to be the most fragile of cease-fires - after all, Israel and the Palestinian militants of Hamas are sworn enemies. And on Tuesday night, the truce brokered by Egypt last June that has largely stamped out violence across the boundary between Israel and Gaza, appeared in danger of collapse: Israeli troops, backed by helicopter gunships and tanks, crossed into Gaza to destroy a tunnel being dug by militants, supposedly to launch a raid inside Israel...

Author: /time Magazine | Title: Will Israel-Hamas Clash Threaten the Truce? | 11/5/2008 | See Source »

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