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Robert D. Reischauer ’63, who joined the Corporation as a fellow in 2002 after concluding his six-year term on the Board of Overseers, will succeed Houghton as senior fellow, according to a University announcement of Houghton’s decision released Monday afternoon...
...editing error, an earlier version of the subheadline for the Dec. 16 news article "Senior Fellow Leaves Board" incorrectly stated that James R. Houghton '58 would be leaving the Harvard Corporation after a six-year term. In fact, Houghton will have served on the corporation for nearly 15 years when he steps down this spring...
...Congress should not be taken lightly. However, an institution like the U.S. Senate whose primary effect is to prevent the federal government from accomplishing anything of significance has clearly overstayed its welcome. If the citizens of the United States care about maintaining a democracy in any sense of the term, it is high time to abolish the Senate...
...half ago, Citigroup became the first U.S. bank to relocate one of its rising stars, Alberto Verme, an investment banking executive, to the booming gulf state. At the time, Citi CEO Vikram Pandit said the move was a sign that the bank was "convinced of the region's long-term and immense growth opportunities...
Correa, who has veered hard to the left politically since being sworn in for a second term last August, continues to enjoy greater popularity than any of his predecessors who lasted as long in office in the 30 years since Ecuador returned to democracy. He has an approval rating near 60%, according to pollster Santiago Perez. He has weathered scandals including past allegations of involvement of his officials with the FARC and numerous accusations of corruption on the part of members of his government, made since June by his older brother Fabricio, with whom Correa is no longer on speaking...