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...precipitous $11 billion drop in Harvard’s endowment in the fiscal year ending 2009—and perceptions of financial of financial mismanagement—has not severely shaken the confidence of the University’s prominent donor base...
Understandably, Radcliffe was careful not to overlook its opponent going into this past Saturday’s race against the Hoyas, in which the crews boasted the same rankings as a year ago. A victory on the water in this year’s Class of 2004 Cup would be key to setting the tone of competition between the two rivals for the remainder of the season...
Because all these pieces of wisdom are completely false, now is a good time to look at where the 2012 presidential race really stands. And while engaging in punditry about a contest several years off is always good fun, the exercise better serves to examine the political health of the incumbent - which is, it turns out, surprisingly robust. (See pictures of Barack Obama's first year in the White House...
Make no mistake, Obama no longer towers as the über-formidable candidate of 2008. Yet the drastic ups and downs of his first year in office and the likely losses his party will suffer in the November midterms have given a distorted view of his muscle for 2012. He is back on track to raise $1 billion, with all of it to be applied to the general election, rather than to any serious nomination contest. Obama will almost certainly opt out of the matching-funds system for the nomination period and public financing for the general election, raising record...
...Having infuriated the Obama Administration by continuing to drag his feet on corruption - and then cozying up to Iran and China when Washington turned up the heat - Karzai ratcheted up the rhetoric last week. He accused the U.S. of trying to dominate his country, blamed the West for last year's electoral fraud (which his campaign was accused of masterminding) and made comments that verged on sanctifying the Taliban insurgency as a "national resistance" against foreign invaders. The New York Times reported on Sunday that Karzai even threatened, during a meeting with Afghan parliamentarians, to join the Taliban himself...