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...zquez portrait of Juan de Pareja, which cost $5.5 million in 1971, a sum that qualified it then as the most expensive painting in the world. He also didn't mind selling off a Van Gogh and a Rousseau to help cover the cost, which got him into a public feud with the press over the notion of museums selling their treasures to buy new ones. The controversy brought on an investigation by the New York state attorney general, who concluded in the end that, if nothing else, no actual wrongdoing was involved in the transactions...
...plans to start paying back its government loans this month. Repaying the direct government loans well ahead of the 2015 date contemplated by the Treasury Department when it helped GM reorganize during the bankruptcy is the first step toward an initial public offering of stock in the new GM. While GM received more than $50 billion in federal aid, only about $6.2 billion will be repaid in cash; the U.S. Treasury agreed to take stock in lieu of cash for much of the remainder, which gave the government a 60.8% stake in the new GM. Earlier this week, Treasury Secretary...
When Eva Z. Lam ’10 arrived at Harvard, she was amazed not by the beautiful architecture or brilliant students, but by her bathroom in Thayer. Coming from an underfunded public high school in Milwaukee where toilet paper was scarce, Lam was awestruck by Harvard’s never-ending supply of TP. “I got here and was like, this is incredible!” she jokes...
...There’s a big disparity between where I come from and where most of the kids here come from,” she explains. While Lam feels that she received a strong education, she says many of her high school classmates fell through the cracks of the public school system...
Brito claims he is simply “alright at math,” having started with Mathematics 1b during freshman year. “I went to a public high school where the highest math is [AP Calculus AB],” said Brito. “But the stuff that I do, I can’t imagine doing in high school. With abstract math, a lot seems applicable at first and then at some point the numbers go away—I haven’t seen one on a pset since sophomore year...