Word: mcclintick
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...lengthy Institutional Investor piece, written by Harvard alum David W. McClintick ’62, also alleged that Summers’ cozy relationship with Shleifer may have protected the latter from losing his job. McClintick quotes a Summers deposition in which the former president said that he instructed then and current Dean of the Faculty Jeremy R. Knowles to hold on to Shleifer in 2001. The article startled and angered many professors, who grew even more furious when Summers, at a February 2006 Faculty meeting, said he didn’t know enough about the matter to comment...
This winter, several Harvard professors opened their mailboxes to find anonymous, unmarked envelopes.Enclosed were copies of “How Harvard Lost Russia,” an article by veteran investigative journalist David W. McClintick ’62 in the January issue of Institutional Investor magazine. In 18,000 words, the spellbinding narrative detailed the University’s effort to reform the Russian economy in the 1990s—and the fraud scandal that resulted. The U.S. Department of Justice alleged that University employees who steered the project violated their federal contracts by making personal investments...
...discussions about the HIID matter, including those resulting in the decision to settle the case,” Houghton wrote, referring to the Harvard Institute for International Development.But Houghton’s letter did not directly address a charge leveled in Institutional Investor magazine last month by journalist David McClintick ’62, who wrote that Summers “made a point of taking aside Jeremy Knowles, then the dean of the faculty of arts and sciences, and asking him to protect Shleifer.”In a deposition at his Elmwood residence in March 2002, Summers acknowledged...
...nearly $30 million in 2004 after they were charged with defrauding a U.S. government program designed to help Harvard economists privatize the Russian economy in the 1990s. The scandal has long been considered one of Harvard?s darker hours, but a new 28-page expos? by investigative reporter David McClintick, published in the January 2006 issue of Institutional Investor magazine, brought new heat on Summers, whom the article describes as going out of his way to protect his old friend and prot?g? Schleifer, who is still a senior faculty member at the university. In part because of the report...
...conduct of employees involved in the HIID project.” Shleifer, who was found liable by a federal court in 2004 for conspiracy to defraud the U.S. government, paid $2 million to settle his part in the suit. The article’s author, investigative journalist David McClintick ’62, said yesterday that his article “speaks for itself.” McClintick’s account has been circulated among some faculty and was mentioned at a Feb. 7 Faculty meeting where professors assailed Summers’ leadership. —NICHOLAS M. CIARELLI