Word: haves
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After the recent report that Goldman Sachs CEO Lloyd C. Blankfein '75 was copied on an e-mail suggesting Goldman knew that Harvard would lose in a $500 million credit default swap, his loyalty to Harvard may have come into question. But it is worth noting that Blankfein...
Powers—who would not confirm that the Hasty Pudding, Chabad, and the Bee were the only three bidders—said that the decision-making process is unusually lengthy because the choice will undoubtedly have “an impact on some group at Harvard, if not more...
“We have a fiduciary obligation to the Fly Club to make sure that whatever the disposition is, we get the best outcome possible for the Fly. But we also understand that the considerations are not purely financial, and that’s what makes this different,?...
Although “expressions of interest” in the building have been communicated to the Fly for years, the Bee’s termination of the lease initiated serious conversation among Fly graduate board members about the future of 45 Dunster Street, according to Powers.
Powers did not disclose the value of the other bids, but e-mails obtained by The Crimson have demonstrated an active lobbying effort on the part of the Bee and the Hasty Pudding Club, both of which are on-campus social organizations. Bee members have been soliciting donations from other...