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That said, it would be naive to move into an overly conservative strategy in the wake of the losses of the past year. HMC managers were extraordinarily successful before 2008, and one bad year should not collapse our faith in their investment acumen. In the 10-year period ending in fiscal year 2008, the Harvard endowment outperformed the median institutional fund by 7.7 percent per year. Had it earned the median institutional fund rate, endowment assets would have been $23.5 billion less. Moreover, Harvard’s money czars are far from alone in their shortcomings this year. Yale?...

Author: By The Crimson Staff | Title: Minus $11 Billion | 9/15/2009 | See Source »

...Benigno Aquino Jr. She is the icon of Philippine democracy and the talisman of People Power. Weeks after the funeral, yellow banners and tarpaulins bearing her picture and name still line the streets of Manila. I wasn't even born when she ascended to power, but I know I wake up to her legacy every single morning. I wake up free. Michelle D. Ong, Quezon City, The Philippines

Author: /time Magazine | Title: Inbox | 9/14/2009 | See Source »

...there’s a picture for ‘The Crimson.’”According to Paulus, the Common Spaces initiative reflects what she sees as one of the most important purposes of art. “The job of the arts is to wake people up and make them present in their lives,” she says. “You’re eating lunch...and all of a sudden, there’s this ‘happening’ and you’re dancing with people you don?...

Author: By Mia P. Walker, CRIMSON STAFF WRITER | Title: What's For Lunch? Theater. | 9/11/2009 | See Source »

...flaw in bin Laden's strategy of trying to capture the imagination of the Muslim masses through spectacular acts of terrorism was obvious even in the immediate wake of 9/11. In much of the Arab and Muslim world, there was a pervasive refusal to believe that Muslims had been responsible for the attacks, even after bin Laden claimed responsibility. The denial inherent in the tendency common from Egypt to Indonesia to blame Mossad or the CIA for 9/11 reveals a damning negation of al-Qaeda's tactics. So repulsive was the mass murder of innocents to ordinary Muslims that most...

Author: /time Magazine | Title: Eight Years After 9/11: Why Osama bin Laden Failed | 9/11/2009 | See Source »

...committee was in the process of addressing the issue last year under the direction of former superintendent Thomas D. Fowler-Finn, but was interrupted when he “went to pursue other interests,” in the words of School Committee member Joseph G. Grassi. In the wake of Fowler-Finn’s departure, the school committee was considering candidates for the superintendency that would be particularly adroit at handling the middle school issue. “We voted on the 100 days deadline because we as a group believe that this is an important issue that...

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

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