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...mail sent May 30, 2002 to Marne Levine, chief of staff for then-Harvard President Lawrence H. Summers, Mack detailed her concerns regarding what she deemed HMC’s “frightening” usage of derivatives and statistical modeling techniques, as well as the Company??s lack of a timely and portfolio-wide risk management system, high employee turnover rate, and low level of productivity in the workplace, specifically among managers...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Analyst Questions Dismissal | 3/31/2009 | See Source »

...Management Company and its board are taken seriously and investigated thoroughly in order to ensure the integrity of HMC processes.” He further points to HMC’s average annual investment return of 13.8 percent over the 10 years up through 2008 as evidence of the Company??s “strong portfolio management, personnel and risk management systems...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Analyst Questions Dismissal | 3/31/2009 | See Source »

...year veteran of HMC, Larson delivered 11.6 percent average annual gains in his section of the Company??s portfolio for the five years prior to his departure, blowing past the 4.1 percent benchmark for his asset class, according to the Boston Globe...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Analyst Questions Dismissal | 3/31/2009 | See Source »

...Fridays ago, I was at Logan Airport, waiting to catch a flight to New York for a job interview. When I asked the company??s human-resources representative if I should take the Acela train to New York, she laughed, told me I would never get to the office in time for the interview, and booked me a ticket on the Delta shuttle. I saw her point—the “high-speed” Acela can only travel an average of 85 miles per hour. Meanwhile, on the other side of the world, a close...

Author: By Anthony P. Dedousis | Title: All Aboard | 3/30/2009 | See Source »

...times, it is not easy either to write or perform a play about intolerance in post-September 11th American culture without becoming too preachy. “The Pain and the Itch” comes close to crossing the line but manages to avoid doing so due to the company??s excellent performance and M. Bevin O’Gara’s subtle direction.“The Pain and the Itch” shows how one family’s secrets can affect the life of a complete stranger. Clay and Kelly invite Mr. Hadid into...

Author: By Rachel A. Burns, CRIMSON STAFF WRITER | Title: 'The Pain and the Itch' Satirizes Hypocrisy of White Liberals | 3/16/2009 | See Source »

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