Word: harkens
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...don’t think we’re saying Bush was necessarily the reason Harvard got involved, but the fact Harken wasn’t doing well [when HMC invested in it] does call into question what Harvard’s motives were,” says Mackinnon, who is also a Crimson editor...
...addition to questioning motives for the initial investment, HarvardWatch and others have also questioned the magnitude of Harvard’s investment in Harken...
...Harvard was investing about $28 million, or one percent of the endowment, in Harken...
Despite this large investment, Meyer says that HMC’s relationship with Harken is actually quite typical of its relationships with the companies in which it invests...
...HMC’s investment in Harken Energy Company was larger than many of its individual investments at the time it was made, but was by no means HMC’s largest investment,” he writes. “The HMC Board was at all times aware of the Harken-related investments and was comfortable that they were within prudent diversification limits for the portfolio...