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...Yale Daily News and earned a degree in English literature. But during her junior summer, she interned at the Yale Investment Office—an experience that she credits with piquing her interest in finance. Ralph Earle III ’79, Mendillo’s husband whom she met in graduate school, says at one point she weighed the possibility of working toward a Ph.D. in English literature. But after being lured into the world of finance, Mendillo chose to pursue an MBA at the Yale School of Management and worked as a summer equities analyst on Wall Street...
...cautious approach in identifying University priorities.“She’s very forthright, unadorned, and not one to gild the lily,” says Peter J. Solomon ’60, the founder of the New York-based Peter J. Solomon investment bank who has met with Faust on several occasions.CHANGING TACKAs the value of the endowment plummeted, donors have described Faust’s approach as direct and up-front in requesting their financial support to bolster the University’s cash reserves. Instead of winning donors over with plans for a new building dedicated...
...Empirical and Mathematical Reasoning” if taken for the full year—but not both. Kenen, Harris, Miron, Stock, and Mankiw all declined to comment on the specifics behind Ec10’s approval.Since Gen Ed lacks a clear category for economics, economists have met the curriculum with indifference or hostility.“I don’t see how you can possibly evaluate different things without knowing some microeconomics that’s global or national,” says Economics Professor Ariel Pakes. “We should be producing intelligent citizens...
...College administration’s decision to eliminate hot breakfast on weekdays in the Houses also met with student opposition. Over House e-mail lists, students protested the adverse health effects of not eating breakfast, especially for athletes who rely on calorie-filled morning meals...
...last Thursday, when House Masters met for the final time this academic year, budgets for the coming year had still not been finalized. Eck expressed doubt that House budgets would be formally approved before the July 1 start date of the next fiscal year...