Comments on: “What Summers did could in no way be considered a hedge, under any common definition of the term. He was indulging in interest-rate speculation… I think it’s fair to say that no previous Harvard president would ever have considered himself qualified to do such a thing, but Summers never let such considerations stop him.” http://www.margaretsoltan.com/?p=18379 A professor of English describes university life. Aim: To change things. Thu, 09 Sep 2010 01:52:59 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: ShopTwoRivers.Com — Blog — University Diaries » “What Summers Did Could in No Way Be ... http://www.margaretsoltan.com/?p=18379&cpage=1#comment-15108 ShopTwoRivers.Com — Blog — University Diaries » “What Summers Did Could in No Way Be ... Mon, 23 Nov 2009 01:23:04 +0000 http://www.margaretsoltan.com/?p=18379#comment-15108 [...] “What Summers did could in no way be considered a hedge, under any common definition of the term. He was indulging in interest-rate speculation… I think it’s fair to say that no previous Harvard president would ever have considered … They did it because Harvard, with these people, had the perfect storm: A hubristic president who believed he could do clever things with interest rate swaps, and who thought prudent management meant taking huge amounts of money out of safe …This Blog [...] [...] “What Summers did could in no way be considered a hedge, under any common definition of the term. He was indulging in interest-rate speculation… I think it’s fair to say that no previous Harvard president would ever have considered … They did it because Harvard, with these people, had the perfect storm: A hubristic president who believed he could do clever things with interest rate swaps, and who thought prudent management meant taking huge amounts of money out of safe …This Blog [...]

]]> By: Ahistoricality http://www.margaretsoltan.com/?p=18379&cpage=1#comment-14536 Ahistoricality Sun, 18 Oct 2009 15:48:19 +0000 http://www.margaretsoltan.com/?p=18379#comment-14536 Rita, that line jumped out at me, too. What the hell is "in between": legal but improper? Rita, that line jumped out at me, too. What the hell is "in between": legal but improper?

]]> By: Stephen Karlson http://www.margaretsoltan.com/?p=18379&cpage=1#comment-14531 Stephen Karlson Sun, 18 Oct 2009 05:32:50 +0000 http://www.margaretsoltan.com/?p=18379#comment-14531 On this one hedge, Harvard lost more money than the entire operating and maintenance budget of Northern Illinois University, where we might put more students on probation in a year than Harvard admits ... On this one hedge, Harvard lost more money than the entire operating and maintenance budget of Northern Illinois University, where we might put more students on probation in a year than Harvard admits …

]]> By: Rita http://www.margaretsoltan.com/?p=18379&cpage=1#comment-14528 Rita Sat, 17 Oct 2009 19:02:11 +0000 http://www.margaretsoltan.com/?p=18379#comment-14528 Also, offshore investments! “Would there be totally legal and proper things that an investment company with a Cayman subsidiary would be doing? There could be. Could there be illegal [things]? Definitely. Are there some things in between? Yes.” http://www.thecrimson.com/article.aspx?ref=527831 Also, offshore investments! “Would there be totally legal and proper things that an investment company with a Cayman subsidiary would be doing? There could be. Could there be illegal [things]? Definitely. Are there some things in between? Yes.”

http://www.thecrimson.com/article.aspx?ref=527831

]]> By: Bill Gleason http://www.margaretsoltan.com/?p=18379&cpage=1#comment-14527 Bill Gleason Sat, 17 Oct 2009 18:07:17 +0000 http://www.margaretsoltan.com/?p=18379#comment-14527 Are you and Peter thinking of sleeping with the fishes? Are you and Peter thinking of sleeping with the fishes?

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