Word: putnam
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Dates: during 1970-1979
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...Well I'll be darned," George Putnam Jr. '49, Harvard treasurer, said yesterday, "I thought Chase turned down that job weeks ago," he added...
...Putnam said it was too soon to know who will replace Peterson, even on a temporary basis, but said that such officials as Alfred M. Gibbens, director of the Development Office, are "quite capable of holding the world together...
...South African people, Rather, it attempts to develop a case-by-case analysis, employing vague mechanisms and criteria. The Corporation argues that companies which operate in South Africa "should follow...practices that will ameliorate the effects of apartheid." [emphasis added] Obviously, President Bok, Hugh A. Calkins '45, George Putnam '49, Treasurer of the University, and the Corporation members have not recognized that the people of South Africa desire to end apartheid, not ameliorate its effects...
...setting up the Harvard Management Company, Bok brought in four new vice presidents, including Hale Champion, to handle financial affairs. Bok also brought in Daniel Steiner '54 to be general counsel to the University. Last year the University showed a small but welcome budget surplus, and according to Putnam the Harvard portfolio is one of the most well-managed and carefully-watched of al university portfolios. The current annual rate of return on the market value of Harvard's endowment is 5.2 per cent, which may not outrun inflation, but is still considered respectable in institutional circles...
While most Corporation members decline to speculate on what position the Corporation will take on the issue, Putnam says he believes the Corporation will agree with the vast majority of the ACSR report and will "go farther on the banks." Although he is not a member of the four-man investment subcommittee, Bok has involved himself on the issue because the full Corporation makes all major policy decisions for the University. Bok, as president, is the most influential Corporation member, and because he has over the years acquired a reputation for being one of the more liberal members...