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...response was entirely appropriate, given Kim's past behavior on the big U.S. holiday. On July 4 2006, he test fired - unsuccessfully, it turned out - a long-range, multi-stage ballistic missile, in explicit defiance of a U.N. resolution. By comparison, today's exercise felt a bit like a teenager tossing a few M-80s into the water off a dock somewhere. (See pictures of North Koreans at the polls...
...scrutinized the layoffs and Harvard's financial planning in recent weeks, emphasizing that even the world's richest university is being forced to slash budgets, the staff cuts are not unprecedented. In 2004, while the endowment was growing, Harvard laid off over 200 employees, citing the need to eliminate multi-million dollar "systemic" budget deficits wrought by capital expansions and a slumping national economy...
Harvard Management Company, which oversees the University's multi-billion dollar endowment, will lose Marc Seidner, a top fixed-income portfolio manager, at the end of the month, according to several media reports...
...your income streams, or you’re confident about a project being completed very quickly or on-time and then turned into an income-generating asset.”But the income stream that was supposed to relieve some of the debt—namely, a large, multi-billion dollar capital campaign—never materialized, derailed by tumult over Summers’ presidency and the administrative turnover that followed his forced departure in 2006.But even with Faust solidly entrenched in Mass. Hall nearly two years after her installation, heavy debt financing appears likely to persist for some time.According...
...founding director of Harvard’s Institute of Politics, was fond of saying that the power of the Presidency is the power of persuasion.Of course, the late White House adviser meant the U.S. Presidency, but without the trappings of the American executive branch, a standing army, or a multi-billion dollar budget, leadership on the Undergraduate Council perhaps offers at least an equally compelling proof of Neustadt’s thesis.Persuasiveness was a trait clearly prized by last year’s UC leader Matthew L. Sundquist ’09, a habitual social networker among undergraduates, faculty...