Word: fraude
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After a prolonged silence on the matter, the Harvard Corporation finally defended Lawrence H. Summers’ handling of the fraud case surrounding economist Andrei Shleifer ’82, a close friend and protegé of the University president.But the defense came too late to salvage Summers’ presidency.In a letter dated Tuesday, overshadowed by the announcement of Summers’ resignation that same day, the Corporation’s senior fellow, James R. Houghton ’58, addressed fresh allegations that Summers had shielded Shleifer from disciplinary action at Harvard. Several professors raised concerns about...
...First-Year Fraud” (op-ed, Feb. 16), Alexander Bevilacqua claims that freshman year here at Harvard is, well, a fraud, partly because of the “growing pains” involved. However, though adjusting to college was a difficult process, I hardly think Harvard is unique in that respect. For most freshmen, this is the first long-term experience living away from our homes and our laundry machines. And despite the possibly awkward adjustment, I think there’s still plenty of Harvard to enjoy...
...William C. Kirby resigned amid reports in The Crimson that he was fired by Summers. Then, at a Feb. 7 meeting of the full Faculty, Summers said he was “not able to make any informed response” to questions about his role in a federal fraud scandal involving his longtime friend, Jones Professor of Economics Andrei Shleifer...
...issue is Summers? handling of a Russian fraud scandal involving a close friend and colleague, Harvard Economist Andrei Shleifer. Shleifer and Harvard were found liable for combined penalties of nearly $30 million in 2004 after they were charged with defrauding a U.S. government program designed to help Harvard economists privatize the Russian economy in the 1990s. The scandal has long been considered one of Harvard?s darker hours, but a new 28-page expos? by investigative reporter David McClintick, published in the January 2006 issue of Institutional Investor magazine, brought new heat on Summers, whom the article describes as going...
...roughing up the faculty or glossing over fraud that did Summers in? The Harvard Corporation, the seven-member board that steers the university, isn?t commenting beyond an announcement that they accepted the resignation ?with regret.? But Summers has been remarkably resilient through other flashes of faculty anger, even last year?s no-confidence vote on the heels of the women-in-science imbroglio. And he came into the job with a reputation as a blunt talker...