Word: projects
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Dates: during 2000-2009
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...least $50 or $60 million. He added that such a move could help avoid some of the most damaging cuts looming over FAS.But University President Drew G. Faust responded by saying that those funds had been dedicated to development in Allston, and as such would be redirected to related projects and not “issues that you are all facing as a Faculty.”Several MCB professors scheduled for eviction from Fairchild have expressed concern over the past few months about the lack of consultation during the University’s decision-making process, noting that revelations...
...Budgetary projections will likely influence Faust’s thinking on the importance of appointing a candidate who can immediately manage the budget—if endowment managers project that spending will be constrained in the long term by disappointing endowment performance, then administrative capabilities are likely to weigh more heavily in her decision, Tushnet says...
...budgets critically strained, some have suggested that Harvard’s present fiscal challenges have arisen in part because financial planning for Allston was given short shrift by Summers, who instead set his sights on loftier institutional and research goals.“I think the Allston project was a combination of genuine ambition for Harvard to remain at the forefront of scientific breakthroughs and for President Summers to have created something for which he would be remembered,” says former Dean of the College Harry R. Lewis...
...Group began wading into a world of new and complex financial instruments, putting hundreds of billions of dollars on the line, the company’s top brass was unconcerned.AIG had hired Gary B. Gorton—a financial economist at Yale—to use quantitative models to project the worst case scenario for the company’s balance sheet.Using historical data, the models predicted a rosy future not too-unlike the recent, prosperous past, giving AIG’s leadership confidence in entering uncharted markets.But by last September, one of AIG’s gambles...
...Foundation for Civic Leadership has been the only location discussed at UC General meetings or mentioned in legislation. Though not totally unheard of, it is uncommon for the majority of the Council to vote against the position of the President, and the time-consuming nature of the project means that the issue may well distract from any agenda Flores specifically hopes to pursue next semester.THE COMING YEAROver this past semester, Flores has at times had difficulty cutting a powerful or persuasive figure with administrators as well as with fellow council members.Flores’ intended focus of the UC?...