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As a result of this year’s broad underperformance, “a substantial number” of portfolio managers have had portions of their bonuses earned in past years “clawed back” by HMC, the report said, although it did not provide more...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Endowment, Largest in Higher Education, Plummets by 27% | 9/10/2009 | See Source »

Mendillo also emphasized that HMC has taken steps this past year to increase flexibility and control over internal and external funds. The report said that she intends to continue using a “hybrid model” of internal and external managers, but that she is not targeting any...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Endowment, Largest in Higher Education, Plummets by 27% | 9/10/2009 | See Source »

Newly elected Cambridge Public Schools superintendent, Jeffrey M. Young, said that he would not be able to provide concrete recommendations to remedy the long-debated “middle school issue” in the city by the October deadline set by the school committee. Young, who began working for...

Author: By Sofia E. Groopman, CRIMSON STAFF WRITER | Title: Middle School Plans Delayed | 9/10/2009 | See Source »

In an effort to streamline the University’s communication costs, Faculty of Arts and Sciences Dean Michael D. Smith has eliminated the FAS communications office and transferred its former director Robert P. Mitchell to the newly created post of FAS diversity dean, which has yet to see clearly...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: Mitchell Named Diversity Dean Amidst Budget Cuts | 9/10/2009 | See Source »

• Another new tool aims to break world-changing action into its tiniest subparts. IfWeRantheWorld.com, which expects to launch this fall, encourages you to dream big - end poverty! cure cancer! - and then helps come up with small, specific ways you can help achieve progress in those areas.

Author: /time Magazine | Title: New Ways to Make a Difference | 9/10/2009 | See Source »

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