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...Executive G. Richard Wagoner’s resignation may have unfairly overshadowed his part in reinventing the company after its decades-long decline, said several of Wagoner’s Harvard Business School classmates. Wagoner, who graduated from the Business School in 1977, stepped down on Monday at the request of the Obama administration, which has sought to force more rapid changes within the three beleaguered American automobile manufacturers that have received assistance from the administration’s multi-billion dollar bailout fund. GM lost $30.9 billion last year, and its share price has fallen...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: HBS Classmates Defend Ousted GM CEO | 4/1/2009 | See Source »

Lastly, we hope that colleges remain transparent with their admissions process. If they must make financial status a bigger factor in their admissions decisions, then they should be clear about this with students. If they need more information about applicants, they should request it instead of trying to ascertain financial need using deceptive tactics such as evaluating zip codes or parent’s background. These methods are underhanded and do not provide an accurate picture of a family’s financial situation or a student’s ability to afford school. As hard...

Author: By The Crimson Staff | Title: Trading Merit for Money | 4/1/2009 | See Source »

...city council’s request is unrealistic and, since the council is offering few suggestions that can actually be implemented, seems to be based purely on political concerns. The council needs to recognize that Harvard’s mission lies in education and research, not in job generation, and to stop wasting its time with meaningless theatrics...

Author: By The Crimson Staff | Title: Lay Off Our Budget | 3/31/2009 | See Source »

...details of the commitments sought by Obama have not yet been announced publicly, though Obama's team has been working closely with many allies, both in Europe and beyond, to request specific aid. "We are making very specific asks," said Michelle Flournoy, an Under Secretary of Defense for Policy, who has been working on the Afghanistan plan. Obama plans to make a public pitch for international aid both at the NATO summit in Strasbourg on Friday and at the European Union summit in Prague on Saturday...

Author: /time Magazine | Title: Obama in Europe: Facing Four Big Challenges | 3/31/2009 | See Source »

...times is a coincidence, but three times makes a trend, so Obama will have to be careful about his gift-giving in Europe. On Saturday, White House spokesman Robert Gibbs declined a British reporter's request to disclose the gift the President will give to Queen Elizabeth II. "We don't want to give away all of our good news," said Gibbs, raising the stakes even higher. Indeed gifts are not the only petty detail that can soil an international relationship. The British press has also harped on the fact that Obama once referred to the "special partnership" between Britain...

Author: /time Magazine | Title: Obama in Europe: Facing Four Big Challenges | 3/31/2009 | See Source »

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