Word: yesterdayã
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...five UC presidential candidates attended yesterday??€™s endorsement event, participating in a panel discussion along with four vice-presidential candidates—Alexandra A. Petri ’10, the running mate of Roger G. Waite ’10 was absent...
...estimate of 22 percent may not fully capture the actual losses from this period, Forst said in an interview yesterday, as some of Harvard’s money is invested with external managers that have yet to report their latest figures. Faust and Forst wrote in yesterday??€™s letter that the University should plan for a 30 percent drop-off in endowment value for the year ending June...
...Yesterday??€™s figure dwarfs Harvard’s worst single-year endowment loss of 12.2 percent in 1974. The endowment has clocked only three years of negative returns, all under three percent, in the subsequent three decades...
...Yesterday??€™s letter did state that University leaders expect to spend a higher percentage of the endowment next year in an effort to buffer the immediate impact of the losses...
...need for budget reductions could have particular impact on employee salaries and benefits, which make up half of the University’s costs, according to yesterday??€™s letter...