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...this is not simply an issue of style. As the recent multi-million-dollar Russian reform fraud scandal involving his close friend and fellow economist Jones Professor of Economics Andrei Shleifer ’82 illustrates, Summers also has an ethics problem. This is perhaps most starkly evident in the way that he worked to maintain a fortress of secrecy around him while employing Washington-style political tactics as a way to embarrass or humiliate colleagues. In Summers’ inner circle, economics is about power rather than principle. And this debilitating corporate worldview—where market values...

Author: By Timothy PATRICK Mccarthy | Title: Summers of Our Discontent | 2/28/2006 | See Source »

...wording is so bland and buried so deep within a 324-page budget document that almost no one would notice that a multibillion-dollar scam is going on. Not the members of Congress voting for it and certainly not the taxpayers who will get fleeced by it. And that is exactly the idea...

Author: /time Magazine | Title: A Magic Way to Make Billions | 2/26/2006 | See Source »

Once renovated, the upper floors of Hilles will feel like a cutting edge office environment. The plans that cover McLoughlin’s office are exciting in their aesthetic; in the new space, student organizations will take advantage of spacious offices with million-dollar views and practical collaborative work areas...

Author: By Adam Goldenberg | Title: A Space of Their Own | 2/24/2006 | See Source »

...Quinn favored veterans over high-scoring youth such as Crosby and Eric Staal. Prototype NHL power forward Todd Bertuzzi, who'd hoped to redeem himself at this tournament for breaking the neck of Colorado forward Steve Moore in 2004, hardly seemed a factor. Moore filed a multi-million dollar civil suit against Bertuzzi at the onset of the tournament. And Quinn lacked faith in the younger players he did carry, notably remarking how Columbus forward Rick Nash seemed "in awe" of the situation. "Nobody could make me feel worse than I feel right now," Quinn said, referring to the anticipated...

Author: /time Magazine | Title: A Devastating Defeat | 2/23/2006 | See Source »

...quality of the experience we provide our students is not fully commensurate with their quality or the quality of the Harvard faculty.” In action as well as in word, Summers has worked to improve the undergraduate experience in particular. His office’s six million dollar grant is paying for Hilles renovations, the new Loker Pub, and the Lamont Café. His initiative to increase international opportunities at Harvard has been welcomed by students. And his decision to make Harvard’s financial aid the most generous in the world has made Harvard a leader...

Author: By Alex Slack, | Title: The Economist | 2/22/2006 | See Source »

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