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...prime mortgage crisis that has plagued financial firms across the country in recent months. Thain has gained a reputation as a cordial, perspicacious technocrat who rose to serve as a co-president of Goldman Sachs and revived the ailing New York Stock Exchange. Merril Lynch reported an $8.4 billion loss in securities and bad loans last month. Thain was deeply involved in establishing the then-booming mortgage bond business while he was at Goldman Sachs. “John is an appropriate choice given his background as a risk manager,” Burke said. Thain’s former...
Following Tuesday’s loss to Fairfield, Harvard coach Kathy Delaney-Smith bemoaned her team’s uncharacteristic poor shooting...
Despite a 23-point loss at Big East contender Providence, help is on the way for the Harvard men’s basketball team with the return of captain Brad Unger. The forward had missed the first five games to start the season with a stress fracture in his foot. But before the Saturday night game against the Friars, he took part in pre-game drills and was in uniform for the contest, as opposed to the coat and tie look he donned for the team’s previous games. “Brad has practiced the last couple...
Harvard (3-2) bounced back from a disappointing 64-49 home loss to Fairfield to snatch a pair of wins over the break and secure its first winning record of the season...
...Harvard women’s basketball team fell behind an aggressive Fairfield University squad after five minutes in the opening half, surrendering an early 8-5 lead and never quite catching in a 64-49 loss at Lavietes Pavilion last night.“Our shooting was horrible,” coach Kathy Delaney-Smith said. “You can’t win a ballgame shooting like that, so that’s the deal.” Hitting just 38.9 percent of its shots from the floor, the Crimson (1-2, 0-0 Ivy) failed to find...