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...purpose except accumulation at all costs—have guided Harvard’s investments and continue to direct its handling of the endowment meltdown. Critical economic decisions are made under a shroud of secrecy; high administrators give vague answers to urgent educational questions; powerless directors are told to freeze hiring and salaries; hard-working, lower-wage staff who make Harvard function are laid off in the worst recession in 40 years by an institution that proudly touts its courses in ethics, religion, and morality...

Author: By Wayne M. Langley | Title: At the Crossroads | 12/1/2009 | See Source »

...create an image—use this concept to great advantage. Any student seduced by a shopping period class will know the effect of pristine lectures or exciting demonstrations. In 1950, an MIT study confirmed that prior information given about a guest lecturer colored how students perceived him. Those told that he had negative attributes graded him harshly post-lecture; others told that he had positive attributes perceived him more kindly after the very same class. Apparently, good aesthetics can enhance one’s reputation regardless of what one is “really” like. Unfortunately...

Author: By Diana McKeage | Title: Aesthetics and Academics | 12/1/2009 | See Source »

...That may be so, but if investigators do eventually find evidence that Woods hasn't been as up-front as he should have been - that he might have been under the influence of painkillers after last year's knee surgery, or that he and his Swedish model wife (who told police she smashed the SUV's rear window with a golf club to help extract her injured husband) were having a domestic argument heated enough to contribute to the accident - Woods' reticence, or lying, will come crashing down on his credibility much harder than it would on Joe Schmo...

Author: /time Magazine | Title: Privacy Is a Perk in Tiger Woods' Florida Enclave | 12/1/2009 | See Source »

...told, by the time I took office, the cost of the wars in Iraq and Afghanistan approached a trillion dollars. Going forward, I am committed to addressing these costs openly and honestly. Our new approach in Afghanistan is likely to cost us roughly $30 billion for the military this year, and I will work closely with Congress to address these costs as we work to bring down our deficit...

Author: /time Magazine | Title: Full Transcript of Obama's Speech | 12/1/2009 | See Source »

Update: On Dec. 1, the head of the national police put General Felix Murga on leave. It was Murga who made the announcement of the existence of the fat-stealing gang in mid-November. Interior Minister Octavio Salazar told reporters that he could not say if such a band of criminals existed...

Author: /time Magazine | Title: Peru's Fat-Stealing Gang: Crime or Cover-Up? | 12/1/2009 | See Source »

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