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...deserve public benefit in return.” Yale previously targeted an endowment payout rate of 5.25 percent and Harvard currently aims for 5 percent, but both universities consistently fall short of those goals. “We always aim for 5 percent, but we also have to be cautious,” said Harvard spokesman Joe Wrinn, citing the volatility of endowment growth. Harvard’s payout from its endowment has met its 5 percent goal only once in the last decade, in 2003 when investment returns dipped to 12.5 percent, the lowest rate of the past five...

Author: By Clifford M. Marks and Nathan C. Strauss, CRIMSON STAFF WRITERS | Title: Yale Dips Deeper Into Its Endowment | 1/9/2008 | See Source »

...titles and positions - who might be reconsidering their decisions to back the candidate who formerly looked like a sure winner. And internally, a round of recriminations is being aimed at her chief strategist, Mark Penn, as the representative of everything about her pseudo-incumbent campaign that has been too cautious, too arrogant, too conventional and too clueless as to how much the political landscape has shifted since the last Clinton reign. One adviser summed up the biggest challenge that faces the campaign in two words: "Fresh thinking...

Author: /time Magazine | Title: Clinton Machine Shaken by Setback | 1/5/2008 | See Source »

...After the cautious sociability of the house parties - which are tailored to those who may not have made up their minds - the tarmac rallies Romney held on Wednesday were downright raucous. Crowds only numbered between 50 to 100, not much larger than a house party, but they were enthusiastic. There were whistles, screams and signs whose wordy perfectionism - one lists all seven of the planks of Romney's stump speech - contrast sharply with the brightly-colored faux folkiness of the signs distributed by volunteers. These are people who have fallen for the guy they entered into an arranged marriage with...

Author: /time Magazine | Title: Romney's Spreadsheet Campaign | 1/3/2008 | See Source »

Some SWF officials say they are adjusting their investment plans to match a world in which protectionist sentiment is rising. Singapore's Temasek has already said it is becoming more cautious. "In every country, whether it is in Asia or Europe, there is an increasing tide of nationalism," Temasek chairman Suppiah Dhanabalan told Singapore's Straits Times. "We've got to take various factors into account, such as whether the company or the activity is iconic for that country, whether it will arouse all kinds of emotional sentiment...

Author: /time Magazine | Title: Governments Get a SWF Financial Kick | 12/20/2007 | See Source »

...turned off the TV and wandered over to my computer, almost dizzy, to check my e-mail one last time before bed, and I read the message and its two replies. These were messages full of confusion and cautious optimism, but most importantly, the very simple understanding that this was what the kitchen table and the football game were all about. Some of the people I corresponded with over the following 12 hours I’d met only once, but I wouldn’t have wanted to share that nerve-shredding time, between the shots fired Wednesday afternoon...

Author: By Jillian J. Goodman | Title: Finding Omaha | 12/12/2007 | See Source »

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