Word: shleifer
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Dates: during 2000-2009
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...Shleifer, 41, is a winner of the John Bates Clark Medal, which honors the nation’s top economist under age 40 and is seen within the field as nearly as prestigious as the Nobel Prize...
...also represents a colossal liability for the University. Shleifer, Harvard and former employee Jonathan Hay are defendants in a federal suit that alleges they defrauded the U.S. government while running an economic advising program in Russia...
...Department of Justice argues that personal investments Shleifer made in Russia constituted a breach of contract and undermined his program’s mission to help manage Russia’s transition to capitalism...
...addition to the support of his department, Shleifer also has a powerful ally in University President Lawrence H. Summers...
...young professor, Summers advised Shleifer, and the two remain close friends...