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...Rose was not alone in voicing such concerns. A 2004 New York Times article raised questions about HMC’s advantageous relationships with firms run by former employees, and quoted then-Chief Executive Jack R. Meyer as saying the special agreements had yielded $125 million in savings for the University up to that point...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Tax Concerns Aided Federal Inquiries | 4/23/2009 | See Source »

...road to hell is paved with bricks that are stamped with ‘it’s legal,’” said Zerbe, Senator Grassley’s chief counsel. “But particularly for a leading charity like Harvard, I think there’s an expectation of better behavior than just ‘it’s legal,’ as opposed to ‘it’s best practice...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Tax Concerns Aided Federal Inquiries | 4/23/2009 | See Source »

...recent years, Harvard has included increasing amounts of disclosures on its tax forms. And in 2006, then-HMC chief Mohamed A. El-Erian hired a “chief compliance officer,” echoing a suggestion Rose made in a letter to Kurtz four years earlier. El-Erian, who succeeded Meyer and pledged to “rebuild and reinvent” the company, said at the time that the move was not prompted by regulatory requirements, but merely a desire to stay “at the forefront of the industry...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Tax Concerns Aided Federal Inquiries | 4/23/2009 | See Source »

...Shortly after he became mayor, Newsom dressed in disguise and walked around some of San Francisco's roughest neighborhoods to survey for himself what needed to be cleaned up and fixed. He also appointed the first woman police chief in the city's history and the first female fire chief in a major city...

Author: /time Magazine | Title: San Francisco Mayor Gavin Newsom | 4/23/2009 | See Source »

...After his divorce, Newsom was forced to publicly admit in 2006 that he had had an affair with his campaign manager's wife. The woman had disclosed the infidelity to her husband, who had also served as Newsom's deputy chief of staff. In a press conference admitting to the affair, Newsom also said he was getting treatment for alcohol abuse...

Author: /time Magazine | Title: San Francisco Mayor Gavin Newsom | 4/23/2009 | See Source »

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