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...with regard to its debt portfolio because they decided “the incremental risk was not worth the modest savings” of a lower interest rate, Scudder said that such swaps are widely used by institutions seeking to reduce exposure to variable rate bonds.Shore declined to comment yesterday on the current value of the swap portfolio, and would not say whether more of the swaps had been terminated beyond the $99 million from the tax-exempt bond sale.—Staff writer Peter F. Zhu can be reached at pzhu@fas.harvard.edu...
It’s back to business for Harvard softball (15-7, 3-1 Ivy) as the team swept Penn (4-16-1, 1-3) in a doubleheader, winning 3-1 and 5-2 yesterday at Warren Field in Philadelphia, Pa. Finally hitting its offensive stride just in time for the start of the Ivy season, the Crimson beat the Quakers after splitting a weekend series with Columbia, in which the team was limited to only one run in two games. But the bats were on fire for Harvard yesterday—the team scored eight runs on 19 hits...
...season opener for the Radcliffe lightweight crew team, the Black and White managed to prevail in two out of three races against Holy Cross and Smith College at Lake Quinsigamond yesterday. “It was really great to get a first race under our belt as we prepare for Georgetown next week,” captain Rebekah Kharrazi said. “Today, we raced heavyweight teams that are actually not in our league, so next week is the real beginning, because we are racing teams in our own league.” The Varsity Eight and Novice Eight...
...just didn’t get the hits that we needed when we needed them,” co-captain Bailey Vertovez said. “We might have put a little too much pressure on ourselves. It wasn’t happening for us yesterday.”Rain postponed the Crimson’s doubleheader with Penn to this afternoon at 1 p.m. in Philadelphia.COLUMBIA 2, HARVARD 0Columbia’s Maggie Johnson had Harvard’s number both on the mound and at the plate in Saturday’s second game. The sophomore pitched...
...storm and tornado watch in the area may have changed the time of the final game of the Crimson’s road trip, but it was the same old story for Harvard yesterday afternoon...