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...return on their investments than Harvard did in fiscal 1992. If HMC had reached the average (of the top 25 percent of schools) in the last five year, the University would have pocketed an extra $1 billion--half of what it now seeks to raise. As one rankled contributor put it, "This is a bailout...
...United States has been asked to pay for the savings and loan fiasco, so too are Harvard alumni being asked to bail out the President and Fellows for their egregious lack of oversight in the management of Harvard's money," said one Harvard graduate who is a major contributor to the University. "This is a bailout. It's nothing more complicated than that...
From the start of the campaign season, chief political correspondent Michael Kramer has monitored the ebb and flow of the entire process. Senior writer Walter Shapiro, Washington deputy bureau chief Margaret Carlson and contributor Laurence Barrett also roamed widely, exploring the different candidacies. As the Democratic race heated up, various bureau chiefs were enlisted: Jordan Bonfante zeroed in on Jerry Brown's campaign, Jon Hull tracked Bob Kerrey, and Sam Allis followed Paul Tsongas, while Michael Riley scrutinized Clinton's Arkansas record. In Washington, correspondent Nancy Traver kept tabs on Tom Harkin...
...expanding its plants and work force. It is a cozy relationship in a state where the powerful often rub elbows. Tyson has provided free airplane rides for the Governor and his wife, for both personal and business trips, and the company's chairman, Don Tyson, is a major contributor to Clinton's presidential bid. Tyson's general counsel, James Blair, is married to one of Clinton's top campaign advisers, Diane Blair. The two couples often vacation together...
Money from the foundation's political-action committee has also helped buy influence. During the past decade, Mas' members have donated $1.1 million in campaign contributions; Mas himself is the biggest Hispanic contributor nationwide. In this election year, more than $200,000 has gone to lobbying efforts and campaign contributions for sympathetic Congressmen -- mostly Democrats -- including $26,750 to New Jersey Congressman Robert Torricelli, principal sponsor of the Cuban Democracy Act. But President Bush has received the bulk of the foundation's presidential contribution: $57,000, vs. $1,750 for Clinton...