To: dead
Amazing how this is written as though there were some sort of illicit motive behind all of it.
You put people on your board who have connections. Connections to money. That, my friends, is good business. If George Bush had anything to do with bringing in an investment from Harvard, then more power to him. That is good business.
And, of course someone from Harvard wound up on Harvard's board. Would you give a group 30 mil and not want some direct oversight? It happens all the time for much less than $30 million.
But even at that, 30 mill is significantly less than a hundreth of a per cent of Harvard's overall endowment.
Big deal.
3 posted on
07/18/2002 8:27:50 AM PDT by
EBITDA
To: EBITDA
"Harvard Management officials, citing confidentiality and the difficulty of retrieving old documents, refused to release records about the purchase or discuss it in any detail. Its chief executive, Jack Meyer, discounted but did not entirely reject the suggestion that it made the investment because Mr Bush - then the son of the US vice-president - was on the board."
Yep, lot of that goes on. They all do it.
6 posted on
07/18/2002 8:34:37 AM PDT by
rdavis84
To: EBITDA
"Would you give a group 30 mil and not want some direct oversight? It happens all the time for much less than $30 million."
That also goes for Soros and the Arab, doesn't it?
12 posted on
07/18/2002 9:10:46 AM PDT by
rdavis84
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