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...funded solely by Harvard in the foreseeable future. When President Faust speaks of Harvard’s “new normal,” she makes clear that it could be years or decades before Harvard regains the financial comfort needed for it to independently fund the multi-billion-dollar buildout of its Allston and Brighton empire...
...grand example, Harvard Business School graduate and former U.S. Senate candidate Stephen Pagliuca proposed a $3 billion public-private partnership to be built on Harvard property in Allston. This investment would create thousands of jobs and bring varied and deep rewards to the participating universities, businesses, and communities, as well as to our broader society...
Unleashing Harvard’s ingenuity is possible whether its endowment is $25 billion or $35 billion. Banks may be hesitant to lend, but the obstacle today is not a lack of financing—it is Harvard’s lack of will. Jump-starting activity on Harvard’s vacant and under-utilized property in Allston and Brighton doesn’t require a delegation visiting for several days like the one that President Faust just led to South Africa in November. With Harvard’s local Allston/Brighton opportunity, a combination of Rappaport Institute conferences, seed...
...Tiger has made it clear that he wants to remove himself from the spotlight until this boils down. This spotlight is indeed considerable—Tiger is far and away the highest-paid athlete in the world, with numerous endorsements like Nike and AT&T pushing him over $1 billion in career earnings. He not only is the face of the PGA Tour but also started the Tiger Woods Charitable Foundation and the Tiger Woods Learning Center. Tiger even has a DVD box set of his golf highlights at a time where he is nowhere near close to retiring...
...This new Obama, long past his Panglossian dreams of new Beltway comity, used fighting words because, quite frankly, he is trapped in a political tight spot, wedged between sky-high unemployment and lingering public worries over government spending. Almost 10 months after signing the $787 billion stimulus, the largest such federal program in U.S. history, he announced on Tuesday that the Federal Government needed to spend even more, a prospect that polls poorly, as concern about spending and the budget deficit continue to fester...