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...committee was formed in 1972 to examine Harvard's holdings in publicly traded stocks, which at the time constituted almost 100 percent of the University's investment strategy. But now, the endowment's money managers have sunk more than $1 billion into the high-risk and high-yield realm of "private placement" investing that includes venture capital and leveraged buyouts. Although profitable, such deals have been recently questioned by Congressional panels and consumer advocates for their ethical and economic implications. But because these deals aren't covered by ACSR, they haven't been questioned at Harvard. Now it's time...

Author: NO WRITER ATTRIBUTED | Title: In Search of Ethics | 5/7/1990 | See Source »

Currently the ACSR is the only group that has any role in setting ethical guidelines for University investments. Harvard's recent forays into the realm of venture capital and other untraditional high-risk investments demonstrate that the ACSR is woefully underequipped for this task. In order to remedy this situation, we suggest the following measures...

Author: NO WRITER ATTRIBUTED | Title: In Search of Ethics | 5/7/1990 | See Source »

...interests of Harvard ROTC students. What would unduly punish ROTC students is a recommendation, under consideration by the Faculty Council, that Harvard refuse to accept ROTC scholarships. Such a decision might make Harvard unaffordable for many ROTC cadets; it would also extend the University's influence into the realm of students' personal lives. No longer would Harvard be just opposing discrimination; it would be using economic leverage to force students to change their activities. Just as students receive special money from discriminatory Harvard-based scholarships, ROTC cadets should be permitted to use ROTC money...

Author: NO WRITER ATTRIBUTED | Title: Cut the Ties That Bind | 4/30/1990 | See Source »

...whole, the acting in The Mandrake is inexpert and inept. It is a high school production with pretensions. Cabranes-Grant has clearly given a lot of thought to the mannerisms and orations of his cast, but the actors ultimately prove incapable of lifting this direction out of the realm of the artificial...

Author: By Ross G. Forman, | Title: Unjustified Machiavelli | 4/20/1990 | See Source »

Peter Lynch leaves a rich legacy of achievement and integrity -- and enormous shoes to fill. -- A nightmarish tale from the realm of consumer credit ratings...

Author: /time Magazine | Title: Time Magazine Contents Page | 4/9/1990 | See Source »

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