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Harvard, looking to safeguard its cash supply from the increasing threat of losses associated with the swaps, decided to post $500 million in collateral this past year to terminate agreements on $1.1 billion of its debt. In addition, the University will pay another $425 million over the next 30 to 40 years for new “offsetting” interest rate swaps, which will essentially negate the effect of the original swaps on $764 million of its debt...
What happens next is different for every person who enters this shadowy world. The audience becomes the play’s ghosts, haunting the characters as they move about the building and commit acts of violence, lust, and revenge. Participants are free to roam the various floors of the school, following cast members as they encounter them, or examining the meticulously crafted décor in each room...
Currently, SEAS predicts a 5 percent drop in its endowment each year for the next few years, but Murray said she does not “anticipate” any staff layoffs in the coming year...
...trying to play the best golf you can. I play with a lot more ease. I’m not worried about the final score. The one shot you hit is all that matters. What happened on the hole before, what’s going to happen on the next hole doesn’t matter. You’re playing for one hole. It’s just an entirely different game...
After opening the season with a strong 3-0 start, the Crimson dropped seven out of eight as conference play and stiffer competition presented itself. With Harvard’s next contest against Ivy League-leading Princeton (11-2, 4-0), a decisive victory couldn’t have come at a better moment...