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Despite strong returns under El-Erian, HMC was not completely immune to this summer’s financial crisis—the endowment lost $350 million in July when Sowood Capital Management, a hedge fund founded by former HMC manager Jeffrey B. Larson, collapsed. But overall, HMC made gains of...

Author: By Claire M. Guehenno and Laurence H. M. holland, CRIMSON STAFF WRITERSS | Title: HMC Chief Steps Down | 9/12/2007 | See Source »

The Free Ps, as they are known in Northern Ireland, have for decades been the bedrock of support for Paisley, who founded the fundamentalist church in 1951 and whose leadership ever since has been unquestioned and unchallenged. It was also the network behind the Democratic Unionist Party he founded 20...

Author: /time Magazine | Title: Belfast's Paisley Loses his Flock | 9/10/2007 | See Source »

The newcomers have largely been welcomed. St. Peter and Paul's Church in Portlaoise is increasing the frequency of its Polish Masses. Last winter, the church hosted an African Mass with Nigerian music and traditional dress. And the parish welcoming committee, founded three years ago to provide social support to...

Author: /time Magazine | Title: Life in the land of a thousand welcomes | 9/6/2007 | See Source »

That desire to march into the breach likewise infected another participant at the meeting, Jon Schnur, who in 2000 co-founded New Leaders for New Schools, which seeks to recruit and train principals to work in inner-city schools. Schnur, cheery and tenacious, began lobbying his skeptical board members to...

Author: /time Magazine | Title: The Greatest Education Lab | 9/6/2007 | See Source »

The reform movement is allowing neighborhoods to take matters into their own hands and run their own schools. Broadmoor, where I grew up and my brother still lives, is a mixed neighborhood, racially and economically, right in the heart of New Orleans. It has long had an active biracial improvement...

Author: /time Magazine | Title: The Greatest Education Lab | 9/6/2007 | See Source »

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