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Harvard purchased over $35 million worth of shares in Bank of America and invested several million dollars in other U.S. financial firms as well. Additionally, the University purchased stakes in companies that have been the target of high-profile takeovers, including Burlington Northern Santa Fe Railway, recently purchased by Warren Buffett’s Berkshire Hathaway, and Cadbury PLC, recently acquired by Kraft Foods...
...these times that the phrase made its way to Harvard by way of the most unsuspecting of mules: candidates for the UC, members of Theta, and HAA concentrators who needed to maintain friendship networks to populate the art shows they would eventually host in places like Santa Fe, Seattle, and any other up-and-coming metropolitan area featured in The New York Times travel magazine...
Before New Mexico meets its future, however, it has to reckon with its past. Human habitation here dates back 12,000 years; in the 16th century the storied Camino Real - a 1,500-mile trade route from Mexico City to San Juan Pueblo, near Santa Fe - passed through the spaceport site. Because of this history, the Federal Government required a cultural-resources survey before construction could begin, as well as constant monitoring since. So on this balmy afternoon, archaeologist Elizabeth Oster is examining a spot she says is "right smack in the middle of the runway." If she unearths anything...
WARREN BUFFETT, investor, on his company's $26 billion purchase of Burlington Northern Santa Fe railroad--its biggest deal ever and one Buffett calls an "all-in wager" on the U.S. economy...
...When you pass along that wealth, you reveal it, and you can't exclude others from using it," says Samuel Bowles, an economist at the Sante Fe Institute, who led the study with anthropologist Monique Borgerhoff Mulder of the University of California, Davis, and economist Tom Hertz of the International University College of Turin and U.S. Department of Agriculture. "An economy based on brains and connections has more opportunities for equality that one based on grain and steel...