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According to Bloomberg, the value of Tufts’ endowment fell by 25 percent this past fiscal year, from roughly $1.5 billion to $1.1 billion, after accounting for gifts and payout. Bacow suggested in the article that Tufts would avoid putting money in hedge funds, which he compared to “black boxes,” requiring investors to relinquish control of assets and put their trust in external managers...

Author: By Alex E. Traub, CONTRIBUTING WRITER | Title: Tufts President Calls For Less Risky Investments | 11/24/2009 | See Source »

...world's trump cards. We still have the world's strongest military, which means we can and must lead in maintaining order and crafting peace. We are the leaders in technological innovation. And we are still the nation that most others emulate. If we remember those points and avoid the easy outs of deferral and neglect, then the next decade should be a helluva lot better than the last...

Author: /time Magazine | Title: The '00s: Goodbye (at Last) to the Decade from Hell | 11/24/2009 | See Source »

...Central Bureau of Investigation (CBI) has presented eight of its 49 witnesses, with the next hearing set for Dec. 19. Although Liberhan was only a fact-finding commission whose findings and suggestions carry no legal weight, they may give new impetus to the cases currently pending. But concern to avoid creating martyrs for the BJP to rally around and stoke new tensions might prompt the government to let the matter pass...

Author: /time Magazine | Title: Report on Mosque Trashing Prompts Fury in India | 11/24/2009 | See Source »

...life-changing experience: having kids. In 2002, Kistner was working as a consultant in the aviation industry and his wife Effie was expecting their first child. (They ended up having twin boys.) The baby books he devoured contained a fact that caught his attention: pregnant women and infants should avoid dry cleaning because of the toxic chemicals used in the process. When he had trouble finding a greener cleaner in New York City, Kistner had an epiphany - he'd start his own. The result is Green Apple Cleaners, which uses a variety of environmentally friendly methods to dry-clean suits...

Author: /time Magazine | Title: Guilt-Free Laundry | 11/23/2009 | See Source »

After more than five months of going it alone, Iran's opposition Green Movement is reaching out to the United States for help. Via public and private channels, the Obama Administration has received several appeals in recent weeks to take a stronger stand against human-rights abuses in Iran, avoid military action and impose more aggressive and rapid-fire sanctions against the Revolutionary Guards and its vast business interests...

Author: /time Magazine | Title: Iran's Green Movement Reaches Out to U.S. | 11/23/2009 | See Source »

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