Word: russian
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...Boston Globe reported that the federal documents filed this week allege Shleifer invested $464,000 in Russian assets...
...those whose deposition was included in this week’s filing was that of high profile Stone Professor of International Trade Jeffrey D. Sachs ’76, who headed HIID from 1995 to 1999. Sachs has consistently emphasized his lack of knowledge of impropriety in the Russian program...
According to the Globe, Sachs stated in his deposition that any investment in Russian companies by HIID staff would have been unethical. He also reportedly said that if he had headed HIID earlier and known about Shleifer’s investments in Russia, he would have ended Shleifer’s involvement advising the Russian government...
...Harvard lawyers wrote in a motion submitted to the court. “Now...USAID says that all of HIIDs work in Russia was rendered valueless by a handful of nominal personal investments made by Andrei Shleifer and Jonathan Hay while they were serving as advisors to the Russian government...
...into the Pledge, the "under God" phrase didn't exist. Senate Majority Leader Tom Daschle declared the decision "just nuts," and President Bush took time from a press conference with G-8 leaders to pronounce the whole thing "ridiculous." (Asked during the same appearance to comment on the brouhaha, Russian President Vladimir Putin appeared nonplussed...