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...letter calls for Harvard to withdraw the $21 million in bonuses paid to managers for the fiscal year ending June 30—even though the endowment posted returns of 8.6 percent during that period, beating the S&P 500’s 13.1 percent fall. In the four months since then, the endowment has decreased in value by 22 percent, while the S&P has declined by 24.6 percent...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Alumni Urge Lower Pay For HMC | 1/29/2009 | See Source »

...have nothing to be afraid of," said Mullah Bakhtiar, a powerful local Kurdish leader, during a meeting with Lieut. Colonel Mike Kasales, who commands U.S. troops in the area. And that's exactly what has American commanders worried about the situation that will result from U.S. moves to withdraw from Iraq. Similar election-day arrangements had to be brokered for contentious areas of ethnically mixed Nineveh, while the three provinces that fall in Iraqi Kurdistan and the fiercely contested province of Kirkuk, won't vote until later this year...

Author: /time Magazine | Title: Iraq's Election Fuels Tension on Kurdish Fault Line | 1/28/2009 | See Source »

...According to a recently signed agreement between the U.S. and Iraq, American forces are to be off the streets of Iraq by this summer and gone entirely from the country by 2011. During his campaign, however, Barack Obama pledged to withdraw all combat forces from Iraq within 16 months of taking office - which would be May 20, 2010 - and so far has not publicly backed away from that promise. Indeed, as Obama prepared to meet with Pentagon officials yesterday, his spokesman Robert Gibbs said, "He will ask for planning to redeploy combat troops within 16 months." Senior officials in Iraq...

Author: /time Magazine | Title: How Soon Is Too Soon to Leave Iraq? | 1/26/2009 | See Source »

...Senate was mishandled, one final ungraceful note is striking particularly close to home. Sources close to Senator Edward M. Kennedy tell TIME that his circle is furious that his brain cancer has been cited by some in her camp as the reason for her decision to withdraw her name from consideration for the Senate seat being vacated by Hillary Clinton in New York...

Author: /time Magazine | Title: Ted Kennedy's Circle Upset by Caroline's Awkward Exit | 1/22/2009 | See Source »

...aide also provided a chronology of Caroline Kennedy's decision to withdraw from the race. According to him, as late as Wednesday morning, the daughter of former President John F. Kennedy had been given every indication that she would receive the appointment to the Senate by Governor Paterson. During the afternoon, however, she became aware of what he described as an unspecified "personal situation." She called Paterson to inform him that she was withdrawing her name from consideration, but the governor asked her to reconsider that decision, which she did. (See pictures of J.F.K.'s presidential campaign...

Author: /time Magazine | Title: Ted Kennedy's Circle Upset by Caroline's Awkward Exit | 1/22/2009 | See Source »

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