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...Harvard Corporation, which governs the University and sets broad policy. The president is empowered with a deep pocket of discretionary funds, which he or she can direct toward specific programs. He or she can also push initiatives through leadership and inspiration, as President Summers did with financial aid. Finally, and perhaps most importantly, the president chairs all ad hoc tenure committees, and thus holds the keys to every faculty post in the University, regardless of the school—a role that is unique among leaders of universities.Given the tremendous power and responsibility of the president, it is regrettable that...

Author: By Whitney S. F. Baxter, Katherine A. Beck, and Vivek G. Ramaswamy, S | Title: Passion for the Presidency | 10/16/2006 | See Source »

...punishment. The Crimson first reported the conclusion of a months-long investigation of Shleifer on Thursday. The ethics inquiry centered on allegations that the professor had violated Harvard conflict-of-interest rules when he made private investments in the Russian economy while advising a federally funded and Harvard-run aid program in the country. A federal judge found Shleifer liable for conspiring to defraud the U.S. government in 2004, and Harvard last year paid $26.5 million to settle the case, while Shleifer, who has denied wrongdoing, paid $2 million. Interim Dean of the Faculty Jeremy R. Knowles, responding to charges...

Author: By Javier C. Hernandez, CRIMSON STAFF WRITER | Title: Shleifer Stripped of Endowed Title | 10/16/2006 | See Source »

...Winstanley, who headed the U.S. task force in Lebanon this past summer, spoke positively of U.S. involvement. She praised the State Department’s quick evacuation of American citizens, as well as its financial contribution in rebuilding Lebanon. She said that of the $900 million in total international aid, the U.S. has contributed $230 million. “We are not turning our attention away from Lebanon,” Abercrombie-Winstanley said repeatedly. While President Bush blamed “Hezbollah’s unprovoked terrorist attacks on Israel” for sparking the Lebanese conflict, audience members...

Author: By Elaine Liu, CRIMSON STAFF WRITER | Title: State Dept. Defends Policy | 10/16/2006 | See Source »

...motto. Net squatters wanted $100,000 for the hamlet.com address, though, so the outfit instead bought the more logical farecast.com for small change. In the Web's early days, it was SOP to pay millions for addresses like business.com No more. "In the '90s, start-ups were drinking Kool-Aid," Etzioni says. "Now we're drinking coffee...

Author: /time Magazine | Title: The Next YouTubes | 10/15/2006 | See Source »

...kidnapping, and the U.S. consulate in Jerusalem has warned that Americans traveling in the Palestinian territories are no longer safe. The consulate in mid-August issued kidnap warnings for Gaza and the West Bank after the abduction of two Fox News reporters. On Wednesday, kidnappers struck again: an American aid worker, Michael Philips, 24, from Louisiana was kidnapped from Nablus by a new gang calling itself Jaish al-Sunna (the "Sunni Army") which demanded the release of Palestinian women and minors from Israeli prisons. Palestinian security police freed Phillips, but the identity of his captors is still unknown. According...

Author: /time Magazine | Title: New Calls by Hamas Militants to Target the U.S. | 10/13/2006 | See Source »

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