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...don’t have much confidence given the way American capital markets function that they can effectively govern companies,” said Lorsch...
...essential programs. But one of these new ventures—Harvard’s agreement to license the phrase “Harvard Yard” to the Wearwolf Group for use in a line of upscale clothing—has elicited unwarranted student criticism and media attention. Given that the profits from the clothing line—which will sell men’s shirts for $160 and sportcoats for as much as $495—will directly benefit Harvard’s financial-aid program, it is misguided to blame the university for doing what...
...Presumably, you will consider taking one semester abroad and, given your multiplicity of interests, will get involved in something—sports, acting, politics, writing for The Crimson. I liked sculling on the Charles. Avoid extensive bridge playing. Most of the devoted players in my class dropped out. However, one that didn’t sent five of his children to Harvard, so go figure...
...proposal to increase shareholders’ influence on board member selection needs to be more restrictive. They wrote that speculators and raiders—the kind epitomized by “Wall Street’s” Gordon Gekko—have little long-term interest in a given company and may sacrifice long-term viability for short-term profits...
...between the Burmese military and elements of Peng's Myanmar National Democratic Alliance Army, as the Kokang militia is known. Throughout August, the Burmese army made incursions into the Kokang enclave, a region it had largely kept out of since the 1989 cease-fire was signed. The initial reason given by the junta for its forays into Kokang territory was that a weapons factory there was being used to churn out illegal narcotics. Several of the ethnic militias in that part of northeastern Burma have financed themselves through the drug trade...