Harvard ignored warnings about investments

Source: Boston Globe Posted By: Jason B...5501 days ago

It happened at least once a year, every year. In a roomful of a dozen Harvard University financial officials, Jack Meyer, the hugely successful head of Harvard’s endowment, and Lawrence Summers, then the school’s president, would face off in a heated debate. The topic: cash and how the university was managing - or mismanaging - its basic operating funds.

Through the first half of this decade, Meyer repeatedly warned Summers and other Harvard officials that the school was being too aggressive....

Read full story >>

• (0 vote)   

•  
• Comments(0)|
• Report It|
• Blog It