Word: weil
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...Harvard's way is the way you'd learn a foreign language if you were just thrown into the streets of Paris--it's like Berlitz," says Roman L. Weil, professor of accounting and director of the Institute of Professional Accounting at the University of Chicago Graduate School of Business. "I don't teach Berlitz. It's not merely how to get along. We want to go deeper than that--we want our people to be leaders in their profession...
...Chicago," says Weil, "there is absolutely no attempt to coordinate the sections, whereas at Harvard it is absolutely forbidden to do anything different. There's a running joke that at the Harvard staff meetings, they don't just discuss what to talk about in class--they also tell you which blackboard to write...
...Harvard does what it does better than anyone," says Weil. "For its mission it's the best...
...terms of LBOs, there are a lot of concerns," Weil says, because "everybody believes one of these is going to crash." So, she adds, "bigger is not necessarily better...
According to Weil, Columbia's endowment is at about $1.1 billion. She says only $15 million is currently invested in LBOs...