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While Harvard has acknowledged in recent months that its aggressive investment strategies may have constrained the University’s cash flexibility, it has defended the long-term viability of its approach. Harvard Treasurer James F. Rothenberg noted in an interview with the Harvard Gazette last month that the University’s investment strategies generated an average annual return of 8.9 percent over the past 10 years, including last year’s financial crisis—far exceeding the annualized 1.5 percent return that would have been generated by a “plain vanilla” portfolio...
Harvard’s security staff—employed through a subcontract with Securitas Security Services USA, Inc.—were notified earlier this month that their “contribution requirement” towards their monthly premiums under the company’s health insurance plan would increase by roughly 60 percent...
...Shaking her head, Stabenow jumped in again. "This health care debate is not about changing current policy on abortion," she said. "There is no funding for abortion. So there should be no problem." Unfortunately for Stabenow and other Democrats, in the month since that meeting, abortion has become very much a problem - if not the biggest hurdle - in passing health care reform...
...long-standing border disputes with India, and its building up of the Pakistani military, makes many in New Delhi reluctant to welcome Beijing as a benign presence. Indeed, some fear India is being encircled by Chinese listening posts and bases around the Indian Ocean. And when tensions spiked last month over China pressing its claim to territory inside India, the U.S. remained silent...
...wide scope and examining almost every aspect of the war, from Britain's pre-Sept. 11 policies on Iraq to the end of British combat operations in April of this year, the Iraq inquiry may offer a definitive portrait of the problems associated with the invasion. (See a month-by-month review of the Iraq...