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Harvard and other universities with large endowments have taken several steps to increase liquidity in their endowments. According to the most recent HMC report, the University has added a cash reserve to its policy portfolio—a model for the University’s investment strategy that serves as...

Author: By Elias J. Groll and William N. White, CRIMSON STAFF WRITERS | Title: BRIEF: Harvard Considers Selling Real Estate Holdings | 2/18/2010 | See Source »

Sloane Square is a neatly laid out quadrangle in London’s borough of Kensington and Chelsea. Quiet streets are lined with high fashion labels, and carefully plotted plane trees provide shade and leafy overhead. Hardly, in other words, the place for revolution. It takes some imagination to think...

Author: By Jessica A. Sequeira | Title: Angry Men | 2/18/2010 | See Source »

The long, rambling rant posted on a website eerily reflected the angry populist sentiments that have swept the country in the past year. In it, a Joe Stack inveighed against intrusive Big Brother government, corrupt corporate giants, irrational taxes, as well as the "puppet" George Bush. "I choose not to...

Author: /time Magazine | Title: The Austin Plane Incident: An Attack on the IRS? | 2/18/2010 | See Source »

Meanwhile, nuclear costs keep spiraling out of control. Last year, the estimates for several reactors doubled, and for one Pennsylvania reactor more than tripled. This is why credit-rating agencies keep downgrading utilities with nuclear ambitions, which increases their borrowing costs and makes their projects even more expensive. Even with...

Author: /time Magazine | Title: Why Obama's Nuclear Bet Won't Pay Off | 2/18/2010 | See Source »

Daveed Kapoor, 30, a healthy, self-employed resident of Los Angeles, is one of California's 700,000 individually insured Anthem Blue Cross customers. Since he bought his policy in 2005, he has seen his premiums rise dramatically. Just last year, his monthly rate jumped from $361 to $495, a...

Author: /time Magazine | Title: A Big Insurance-Rate Jump in California: Will It Stick? | 2/18/2010 | See Source »

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