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Lewis largely blames the seven-person board and former President Larry Summers for Harvard’s current financial crisis—noting that the Corporation lost $3 billion by “gambling” with operating cash and making bad bets on interest rates, in addition to another $11 billion lost from the endowment. He writes about the Corporation’s notorious secretiveness (“Their meetings and agendas are unannounced, their decisions unreported”) and seeming invulnerability (“[They] serve for life if they wish and cannot be unseated by anyone except...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Professor Challenges Harvard's Governance Structure in the Huff Post | 1/13/2010 | See Source »

...Sinn Fein and rival Unionist groups could see political progress grind to a halt. Such an outcome would also be a disaster for Peter Robinson, who for almost 30 years has carefully steered the DUP away from the firebrand populism of its founder, the Rev. Ian Paisley, to its current position at the top of Northern Irish politics. If he fails to clear his name over the next six weeks, it could mean the end not only for a politician and a prominent political family, but also for the entire Northern Ireland political system...

Author: /time Magazine | Title: Will Northern Ireland's Sex Scandal Break the Peace? | 1/13/2010 | See Source »

People with ties to Washington will also join the IOP this spring, including Ernest J. Istook, a former Republican Congressman from Oklahoma and a current distinguished fellow at the conservative think tank the Heritage Foundation, and Mary Catherine "M.C" Andrews, former Special Assistant to President George W. Bush and director of the White House Office of Global Communications...

Author: By Stephanie B. Garlock, CRIMSON STAFF WRITER | Title: IOP Announces New Fellows | 1/12/2010 | See Source »

...Current frontrunner Maher said that he hopes the Council elects a mayor soon, since committees cannot be formed until a mayor is selected...

Author: By Rediet T. Abebe, CRIMSON STAFF WRITER | Title: Cambridge Remains Without Mayor | 1/12/2010 | See Source »

...circumstances of Kelly's death were the subject of the Hutton inquiry, which reported in January 2004, largely exonerating Campbell but leaving many questions unanswered. The current inquiry will doubtless fill in some blanks, but it seems just as certain to raise fresh, and troubling, questions...

Author: /time Magazine | Title: Top Blair Aide Testifies at British Inquiry on Iraq War | 1/12/2010 | See Source »

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