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...were African-American, and it would therefore be bad business for the organization if it were to insult its employees. In the end, according to some estimates, the loss of the Super Bowl and the ensuing boycotts associated with Arizona’s stance cost the state approximately $350 million in revenue and gave it two large self-inflicted black eyes in the process...
...report also estimates that Harvard’s halt on the construction of the Science Complex in Allston will result in more than $860 million in losses in expected economic activity over the next three years...
...earlier version of the May 24 news article "Study: Colleges Caused Financial Crisis" stated that in the 2009 fiscal year, Harvard’s endowment decreased by about 11 million dollars. In fact, the endowment decreased by about 11 billion dollars...
Faust’s salary comes in well below those of some of her Ivy League peers. In 2007, Columbia President Lee C. Bollinger made $1.38 million, while University of Pennsylvania President Amy Gutmann '71 made $1.23 million, according to a study conducted by the Chronicle of Higher Education...
Faust’s compensation is also dwarfed by that of several Harvard Management Company employees, of whom the highest paid took home more than $6.3 million in 2008. HMC reported pay data for 2008 yesterday that it had already released, citing a change in IRS rules that required reporting by calendar rather than fiscal year...