Tuesday, February 28, 2006
South of the Border
Tomorrow I leave for my first vacation in—well, not in that long—but certainly since winter began. (I was never a huge fan of Cambridge winters.) I'm headed to warmer climes to do a little diving.
But I will have e-mail access, and I will try to post as need be.
In the meantime, thanks to all of you who read this blog and participate in the discussion about the Summers presidency and the future of Harvard. It's an important conversation, and I'm grateful to be able to play whatever small part in it I can. But every so often, I need to get underwater to get some balance back into my life. It's quite a humbling experience, and in that sense very healthy.
See you soon, if not before. ¶ 12:50 PM
Tomorrow I leave for my first vacation in—well, not in that long—but certainly since winter began. (I was never a huge fan of Cambridge winters.) I'm headed to warmer climes to do a little diving.
But I will have e-mail access, and I will try to post as need be.
In the meantime, thanks to all of you who read this blog and participate in the discussion about the Summers presidency and the future of Harvard. It's an important conversation, and I'm grateful to be able to play whatever small part in it I can. But every so often, I need to get underwater to get some balance back into my life. It's quite a humbling experience, and in that sense very healthy.
See you soon, if not before. ¶ 12:50 PM
Comments:
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Enjoy the escape, Rich. You've done some very nice work in the past several weeks.
# posted by 
: February 28, 2006 2:53 PM
: February 28, 2006 2:53 PM
The Chronicle of Higher Ed is having a colloquy Thurs afternoon on Summers--and accepting questions now for consideration. It should be interesting.
# posted by : March 1, 2006 1:33 AM
: March 1, 2006 1:33 AM
Any info? I have seen reference made to these 2 motions that were to be added to the agenda for the Feb 28th faculty meeting several places now (I quote below from the Chronicle of Higher Education.) Does anyone know if the info is correct? Does anyone know what the actual language of the motions was to be, and which Corporation members (besides Rubin) were to be singled out?
"Next Tuesday's meeting could have proved exceptionally embarrassing to Harvard and to the Harvard Corporation, its seven-member governing board, the professor said, because of other items on the agenda.
Chief among them was to be a motion to censure Mr. Summers for his role in what has become known as the "Shleifer affair," the professor said. Andrei Shleifer, a prominent Harvard economist and personal friend of Mr. Summers, was a defendant in a lawsuit alleging that he and a former staff member had defrauded the U.S. government through a program intended to help Russia make the transition to a market economy.
Harvard defended Mr. Shleifer throughout the litigation and last August agreed to settle the case by paying a $26.5-million penalty. Mr. Shleifer has never been disciplined by Harvard, and in fact was awarded a new chair during the litigation, said the professor who spoke to The Chronicle. As a result, Mr. Shleifer's relationship with Mr. Summers has drawn increasing criticism. The professor said the combination of the penalty and legal fees had cost Harvard $44-million.
Another motion to have been offered at the faculty meeting would have assailed the governing board for inadequate governance, the professor said, and would have singled out members of the Harvard Corporation by name for criticism.
The professor said the information came from conversations with current and former administrators at Harvard and with members of the Harvard Corporation."
"Next Tuesday's meeting could have proved exceptionally embarrassing to Harvard and to the Harvard Corporation, its seven-member governing board, the professor said, because of other items on the agenda.
Chief among them was to be a motion to censure Mr. Summers for his role in what has become known as the "Shleifer affair," the professor said. Andrei Shleifer, a prominent Harvard economist and personal friend of Mr. Summers, was a defendant in a lawsuit alleging that he and a former staff member had defrauded the U.S. government through a program intended to help Russia make the transition to a market economy.
Harvard defended Mr. Shleifer throughout the litigation and last August agreed to settle the case by paying a $26.5-million penalty. Mr. Shleifer has never been disciplined by Harvard, and in fact was awarded a new chair during the litigation, said the professor who spoke to The Chronicle. As a result, Mr. Shleifer's relationship with Mr. Summers has drawn increasing criticism. The professor said the combination of the penalty and legal fees had cost Harvard $44-million.
Another motion to have been offered at the faculty meeting would have assailed the governing board for inadequate governance, the professor said, and would have singled out members of the Harvard Corporation by name for criticism.
The professor said the information came from conversations with current and former administrators at Harvard and with members of the Harvard Corporation."
# posted by : March 1, 2006 1:40 AM
: March 1, 2006 1:40 AM
David Warsh has obviously got good contacts with some economists who have insights into the Shleifer-Summers relationship--he writes about them in his "economics Principals" blog
# posted by : March 7, 2006 4:31 PM
: March 7, 2006 4:31 PM
David Warsh got fired from the Boston Globe for making up stories alleging that John Kerry had committed war crimes in Vietnam.
# posted by : March 7, 2006 11:44 PM
: March 7, 2006 11:44 PM
The comment by the previous anonymous commenter is scurrilous: Warsh had disagreement with the Globe over the direction of his column. That's all.
Here is the link for the story:
http://www.economicprincipals.com/issues/06.03.05.html
Here is the link for the story:
http://www.economicprincipals.com/issues/06.03.05.html
# posted by : March 8, 2006 7:18 AM
: March 8, 2006 7:18 AM
Warsh does not have any "contacts" that I can see regarding this matter. He takes other publications and fills in the holes with his own uninformed speculation or that of others, including McClintick's. Very misleading and worthy only of the title of conspiracy theorist. Not surprising that he has been relegated to the blog-o-sphere.
# posted by : March 8, 2006 10:29 AM
: March 8, 2006 10:29 AM
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: December 12, 2009 6:02 AM
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: December 13, 2009 9:39 AM
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: December 13, 2009 10:06 PM
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Post a Comment
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# posted by : January 26, 2010 11:31 AM
: January 26, 2010 11:31 AM<< Home
