Word: gordon
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Dates: during 1990-1999
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...Very few people understand [the technique];they think Harvard is running a deficit and theyare shocked," said Gordon. "This could be apositive in trying to get money in the big[capital] campaign...
...Gordon also criticized the report's failure todisclose Harvard's major stock holdings, apractice the University ended last year...
...financial report is basically the reportof a financial company and it should have all thefinancial data," said Gordon. "It is just anotherexample of them taking away disclosure and makingit more secretive...
...Gordon disputed that argument. "I don'tagree with him at all; [the stockholdings] arevery interesting," said Gordon. "If you saw thatthey had drug companies, food companies, sometechnology companies, I would be impressed. But ifyou saw that they had a bunch of steel companies,utilities, and oil companies, I would say thesepeople were asleep at the switch...
...Gordon, who has been critical of theUniversity's failure to disclose its high-riskprivate placement holdings, said the latest movewas a means of maintaining a consistent policy atthe expense of accuracy...