Tag Archives | Endowment

Troubles at Harvard

When my husband returned last week from a business trip on the East Coast, he brought home a copy of the Boston Globe that contained a story about layoffs at Harvard. Harvard is cutting loose 275 people and this comes on top of other recent cuts, including the postponement of an ambitious and very expensive […]

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Harvard & Crocodile Tears

I had just woken up yesterday when my husband Bruce motioned me over to his laptop to show me a news bulletin about Harvard. The august institution had announced that thanks to the turmoil of the financial markets it had lost $8 billion of its $36.9 billion endowment since the summer. My husband’s boss, who […]

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