Word: hmc
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...Several HMC analysts who worked at HMC during the period in question agreed with Meyer, saying that they had never discussed a specific investment with a director...
Meyer, who joined HMC in September 1990 but is familiar with the Harken investment, says that Bush had nothing to do with HMC’s decision to invest. That decision had already been determined before Bush ever came to Harken, Meyer said...
Michael R. Eisenson, a top HMC investment manager when HMC began investing in Harken, wrote in an e-mail that Bush’s involvement with Harken was unrelated to HMC’s investment decision...
...decision was motivated not by political considerations but by the prospect of positive investment returns in an energy company, an area of interest to HMC at the time,” Eisenson writes...
...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...