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Budget issues continue to plague the Obama Administration as well as Harvard—the University’s endowment dropped $11 billion from 2008 to 2009—but both federal and University-wide measures have sought to keep student aid and research funding afloat despite difficult economic times...
...That’s about a 9 percent increase at a time when we’re all trying very hard to keep our operational budget level,” Donahue said. “I will say we’ve certainly had to come up with a lot of numbers behind the scenes and predict what we think our needs are for the next year...
...making sure that we accommodate [the Stem Cell Institute’s] needs, we want the research to continue and grow,” says Lapp. “But keep in mind, the whole Allston vision, the whole Allston plan is a long-term plan, so there’s going to be growth in a variety of research areas—whether it’s stem cells or something else—that will have to be accommodated...
Importantly, SWIFTs are not banks; they are more akin to private investment pools, like hedge funds or private equity firms. Moreover, they have universally opted to keep their assets below the $100 billion “Too Big to Fail” threshold that regulators use to classify any financial institution as systemically significant and hence subject to added supervision. Given these two facts, SWIFTs have not been subject to the strict capital and liquidity requirements imposed on banks in wake of the global financial crisis of 2007-2010. In the meantime, the major banks, unable to compete with...
...There will be competition for positions,” she said. “It will really make a difference on how we keep players healthy [and] how we’re able to press...