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...group of Harvard professors have petitioned the Securities and Exchange Commission to alter its current proposal to give shareholders the power to nominate members of company boards, a change they say would increase companies?? exposure to volatile investor sentiment...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Professors Push Changes to SEC Reform | 9/1/2009 | See Source »

...that high-priority cleaning tasks such as trash removal and cleaning of public restrooms would continue at their current frequency.According to Becker, the work hour reductions were not applicable to those janitors directly employed by Harvard, but affected all of the workers that had been subcontracted from outside cleaning companies??103 from Unicco, and 22 from Hurley of America. All of the janitors working at FAS are unionized under SEIU, Becker said, and all receive the same baseline wages.The announcement of the hours reductions had noted that roughly 45 percent of the nearly 300 janitors working...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: FAS Cuts Janitor Hours | 8/15/2009 | See Source »

BATA, Equatorial Guinea — This country is a frightening place for foreigners. With a booming oil rush and billions in American petrol companies?? investments, it is fair to say that the government has no real need for a tourist industry. This became very clear to me on my fourth night in the tiny central African nation...

Author: By James A. Mcfadden | Title: The Accidental Tourist | 7/23/2009 | See Source »

Harvard Management Company—which oversees Harvard’s multi-billion dollar endowment—was plagued by a culture of ethical laxity, Rose said. Special relationships with funds run by former employees and the use of offshore investment companies??both used to boost HMC’s once-legendary returns—may not be illegal, but are considered to be ethically questionable by some, particularly in light of Harvard’s non-profit status...

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

When asked about these companies?? current locations, University spokesman John D. Longbrake declined to comment. He also would not elaborate on whether Harvard continues to have special reduced-fee arrangements with external investment managers, writing only in an e-mailed statement that Rose’s complaints were “the subject of a thorough review by an external expert” that ultimately concluded they were “without merit...

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

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