Word: hmc
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BOSTON--A visibly agitated high school student rose to his feet, just after discovering he'd been assigned to play a conservative Congressional representative during this weekend's Harvard Model Congress (HMC) session, which began yesterday afternoon at the Sheraton Hotel...
University officials, however, said the review is routine and is being handled by the HMC board, not by the University...
While alumni and professors have expressed dissatisfaction with the salaries paid to top HMC managers, Rudenstine said in an interview this summer that the compensation fol- lows industry standards...
Rudenstine defended the compensation system, saying that Harvard's internal management of HMC saves the University significantly over what it would cost for outside management...
Harvard is pleased with the performance of HMC this year--the company made returns of 26 percent this year, nearly 10 percent better than the average for comparable funds, Rowe said...