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...endowment growth comes during a transition period for HMC after the Sept. 2005 departure of former chief Jack R. Meyer. Meyer and over 30 of his employees left HMC to form the hedge fund Convexity Capital Management. New chief Mohamad A. El-Erian took over...
...most important issue is, did we meet the University's target which is to maintain the value of the endowment and take into account distributions and inflation?” El-Erian said. “Yes, we came in at double that amount...
...conservative politician and pundit Pat Buchanan asked, "Is it simply citizenship? Or is it blood, soil, history and heroes?" [Aug. 28]. Perhaps he should ask the families of fallen soldiers with names like Ram?rez, Fern?ndez and Garc?a. Many of those heroes came from cities with names like Los Angeles, El Paso and Santa Fe. Buchanan seems to think he is waging a culture war when in fact he is fighting history?American history. Alvaro Gonzalez Miami...
...insufficient to continue detention because of a 2001 Supreme Court ruling that ICE cannot detain people with immigration violations for more than six months unless the government deems the individual to be a danger or proves there are special circumstances. Garney, who works in the U.S. District Court in El Paso, where Posada now sits in detention, placed Posada's fate firmly in the hands of U.S. Attorney General Alberto Gonzalez. According to Garney, Posada can remain in detention if the Attorney General certifies he has "reasonable grounds to believe" Posada "has engaged in certain terrorist or other dangerous activity...
...Government officials, who had not received the ruling by Tuesday, deferred comment. "We'll study the decision when we receive it," says ICE spokeswoman Barbara Gonzalez. Until then, Posada will sit in a holding facility in El Paso, Texas, a man without a country that the U.S. apparently doesn't want to charge as a terrorist - but also doesn't want to set free...