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...Wagoner’s resignation is perhaps not entirely deserved, since he is certainly not the only CEO who has made bad decisions and been forced to beg the government for money. But his case is a healthy reminder that even executive positions are tied to performance. Companies??and, in the case of firms that the government has bailed out, taxpayers—reserve the right to hire and fire even top-level management as they...

Author: By Ellen C. Bryson | Title: He’s Leaving, But Not on a Jet Plane | 4/6/2009 | See Source »

While research funding should stay constant, what must come to an end is the accompanying gifts doctors sometimes receive from drug companies??money that provides no benefit to the research being done. These gifts, similar to political kickbacks, only work to bias professors and physicians in their care and teaching, thereby harming students and patients...

Author: By The Crimson Staff | Title: Healthy Disclosure | 3/10/2009 | See Source »

...ruling that students must be informed of their professors’ affiliations is a small step in the right direction. Pressure also to expedite this process has come from U.S. Senator Chuck Grassley, a Republican from Iowa, who has requested that Pfizer—one of the leading pharmaceutical companies??disclose its ties to HMS. We are pleased to see that Pfizer has agreed to this request, but the impetus for funding transparency must come from the Harvard Medical School itself for credibility upon which medical education depends to be reestablished...

Author: By The Crimson Staff | Title: Healthy Disclosure | 3/10/2009 | See Source »

...divestment from Israel. Hampshire administrators decided earlier this month to withdraw investments from a State Street mutual fund with holdings in six companies contracting with the Israeli military, after a college student group, Students for Justice in Palestine, petitioned the school to divest because of the companies?? ties to what students called “Israel’s illegal occupation of Palestine.” Hampshire President Ralph M. Hexter ’74 said yesterday that the move resulted from a broader review of the fund that was prompted by the student petition and found that...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Dershowitz Defends Investments in Israel | 2/18/2009 | See Source »

Form 13F requires institutional investment managers to list all holdings in exchange-traded stocks and closed-end companies if they manage over $100 million in such assets. Whereas closed-end companies sell a fixed number of shares which are then traded on exchanges, open-end companies??such as mutual funds—pool publicly-raised money and invest the funds in stocks, bonds, and other securities...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Slashes Stock Holdings | 2/11/2009 | See Source »

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