Word: crisises
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With the financial crisis on his shoulders, Smith set in motion the once-sluggish wheels of change at Harvard.
Faust’s presidency to this point has been largely reactive, defined in the past year by the University’s collective response to the financial crisis.
This breakdown in global security has been accompanied by an even more dramatic reversal of global economic fortunes. In early 2000, the dot-com bubble burst. More significantly, the rise in asset values that supported much global prosperity turned out to be an illusion largely fueled by easy credit; when...
Over the course of the year, there were four student deaths, an alleged drug-related homicide in Kirkland House, and a financial crisis that led to University-wide staff layoffs and budget cuts.
Meanwhile, Hammonds faced a crisis of her own at home—her partner Alexandra was being treated for cancer, leaving her to care for both Alexandra and their young son.