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In the aftermath of the Sept. 11 terrorist attacks, the Massachusetts Port Authority fell into chaos as revenue plummeted across the board. Leslie A. Kirwan ’79, then finance director of the MPA, lost no time in responding. She quickly organized four task forces and got the authority...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERS | Title: Kirwan Returns to Harvard | 10/22/2009 | See Source »

The case is sending ripples throughout the world of hedge funds, a stratum of high finance that has thus far been largely untouched by the post-meltdown regulatory scrutiny and populist outrage directed at mainstream banks. "This case should be a wake-up call for Wall Street," U.S. Attorney Preet...

Author: /time Magazine | Title: Arrests Open a Window on Hedge-Fund Culture | 10/21/2009 | See Source »

Senate Finance Committee chairman Max Baucus, one of the key men drafting a final Senate bill behind closed doors this week, on Tuesday called the doctors' legislation "very important" to ensuring final passage of health-care reform. Republicans counter that that is precisely the problem. Not only is the move...

Author: /time Magazine | Title: Latest Threat to Health Reform: Docs' Reimbursement | 10/21/2009 | See Source »

The late Irving Kristol—intellectual godfather of modern neoconservatism and a pretty sharp cookie—didn’t think so. It’s why, after living in New York all his life, he decided in 1988 to jump ship. While the worlds of visual media...

Author: By Jessica A. Sequeira, CRIMSON STAFF WRITER | Title: Bright Lights, Big Pity | 10/20/2009 | See Source »

Harvard entered into interest rate swap agreements—which are used to hedge against rising interest rates—in 2004, when it seemed that interest rates had reached favorable lows and that locking in those rates would help the University finance its mammoth, long-term expansion into Allston...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: University Pays $500 Million To Cut Losses | 10/19/2009 | See Source »

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