Word: percenting
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Though there is precedent for raising a newly instated president’s compensation, the reported figure is only slightly higher—just over 2 percent (adjusted for inflation)—than the $758,034 former University President Lawrence H. Summers received in his last year in office...
...Hyman, who served in the same position under Summers, compared to his raise last year. One of the three oft-mentioned internal candidates for the presidency at the time, Hyman was asked to stay on as Faust’s deputy in 2007—and received a 19 percent boost in total compensation, from $479,819 to $570,265, the next year in today’s dollars...
...America’s “digital brownshirts” (a term coined by former U.S. Vice President Al Gore) have “Dixie Chicked” many. But with 62 percent of Americans thinking the Iraq War was a mistake in 2006, and George W. Bush’s popularity at the close of his presidency only 22 percent, it now appears that Rene Gonzalez was ahead of his time. While many still morally distinguish Iraq and Afghanistan, Gonzalez’s majority of one in 2004 became the Democratic majority...
...provides a glimpse of how Harvard Management Company—the group that oversees the University’s multi-billion dollar endowment—is navigating this year’s tumultuous and markedly changed financial landscape. University officials say they have been planning for a total 30 percent drop in the endowment by the end of the current fiscal year.Despite an increase in public equity holdings to almost $772 million by March 31, up from $571 million in the previous quarter, the University has still dramatically reduced its publicly traded equities portfolio, which was valued at almost...
...only announced $77 million of the reported $220 million in cuts to the Faculty of Arts and Sciences budget, the most significant changes—closing the Quad’s Hilles library and drastically reconfiguring the shuttle schedule—directly concern only Quad students. With 25 percent of the Harvard undergraduate population bearing the brunt of the university’s cutbacks, it appears that George Orwell’s famous adage holds true: Some Harvard students are more equal than others...