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Harvard’s multi-million dollar Allston development fund has been all but wiped out by the financial crisis, University officials said last week—likely scuttling the hopes of some Harvard faculty and administrators that its money could be diverted toward their own strapped budgets...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERSS | Title: Allston Fund Stretched Thin by Crisis | 3/3/2009 | See Source »

...America, full of status-obsessed grifters like himself. Whether it's sneaking into Michael Jackson's Neverland Ranch or finagling his way into a studio exec bash, Ayres simultaneously spits on and revels in the all-consuming shallowness of his time and place: gargantuan SUV's, gated communities, multi-million dollar homes and hot-bodied ladies...

Author: /time Magazine | Title: A Brit in Los Angeles, Deep in Debt | 2/17/2009 | See Source »

...that want to stay at the top of their field, through all kinds of market cycles and economic conditions,” she wrote. Because of the recent losses in the endowment, HMC has drawn renewed criticism from some alumni, who called for the University to withdraw the multi-million dollar bonuses paid to top managers in a letter to University President Drew G. Faust. Former endowment chief Mohamed A. El-Erian and his five highest-paid associates received a total of $26.8 million in compensation for the year ending last June. In 2003, the same group of alumni from...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Recent Hirings Dropped from HMC | 2/9/2009 | See Source »

...December, the group of researchers involved in planning for the liquefier was notified by Dean of the Physical Sciences Jeremy Bloxham that the project had been postponed indefinitely—a decision made jointly with SEAS, whose interim dean, Frans A. Spaepen, pointed to the machine’s multi-million dollar price tag as the reason for the decision...

Author: By Alissa M D'gama, CRIMSON STAFF WRITER | Title: SEAS Weathers Economic Storm | 2/6/2009 | See Source »

...group of alumni who in 2003 led a successful charge to reduce what it termed “excessive” multi-million compensation for Harvard’s money managers has renewed its push for lower pay in light of Harvard’s plummeting endowment value...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Alumni Urge Lower Pay For HMC | 1/29/2009 | See Source »

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