“They’ve all just been riding a gigantic bubble, and the chickens have come home to roost.”

It’s an awkward way of putting it, to be sure, but this Harvard professor, representing a group of alumni calling for the refund of this year’s money managers’ bonuses — they earned $21 million for losing $8 billion of Harvard’s endowment — is certainly correct.

The bonuses – paid out over time and subject to so-called clawback provisions if future performance is below market benchmarks – reflect industry standards, said John Longbrake, university spokesman.

Actually, they don’t. The bonuses are lower than industry standards because this same group of alumni, a few years ago, generated so much outrage over the $35 million in bonuses sometimes earned by individual managers (that’s the industry standard) that Harvard lowered the amount its people could make.

But they still earn an awful lot, don’t they? Especially given the fact that they’re running the endowment into the ground?

The group of alumni has proposed that no employee should be paid in excess of what the university president earns; [Larry] Summers was paid $611,000 during his last year, the latest presidential salary available.

LOL. You expect money managers to work for less than, say, five million a year? Sure, we all have to tighten our belts. But these people need to eat…

Welcome, Readers From…

… Backstreets.com. Glad you liked the photo from the Springsteen rehearsal today (scroll down).

Bruce Angst.

Sports Illustrated.

La Kid Posts Some Pictures from the Super Bowl

Patti Scialfa (background) tries to concentrate while La Kid poses with a fellow singer.

La Kid shows any doubters among you exactly where she is.

Update: UD’s Kid at the Super Bowl

She’s been in Tampa for a couple of days now, and has had her first rehearsal at the Raymond James Stadium.

She says the weather is warm and sunny.

She’s taken a cab to a mall and had her toes painted.  UD doubts the 163 million people watching her sing with Springsteen will be able to see her toes, but who knows.

Meanwhile, as we await the big game with super anticipation, here’s a blast from the past.  A photo taken by La Kid of Bono as various performers milled around during the inauguration concert.

Perhaps Inspired by Gemrot’s…

… Sonata for Cello and Piano, a British scientist announced, a few years ago, a new syndrome called Cello Scrotum, in which the pressing of the instrument against the male instrumentalist promoted scrotal decomposition.

Her work on the condition was written up in a major medical journal, and for years has been cited respectfully.

She has now admitted that it was a hoax.

*******************************

Update: Two limericks thus far. The first is by Dave.

“My cello’s degrading my scrotum,”
Said Rostropovich unto his factotum.
“Yo-Yo Ma’s yo-yo
Has withered in toto,
Yet science refuses to note ‘em.”

**********************************

The second is by University Diaries:

Ever since I contracted c. scrotum
My f-hole’s become a mere totem.
Only thing I can play
Is Auber’s Bal Masqué.
I’ll have to begin to regrow them.

***********************************

UPDATE: More scrotum-tightening verse.

From Eric:

There once was a cellist named Zack,
Alarmed about losing his sac.
After vigorous chokehold,
He knew he’d been Sokaled,
So spicattoed and bowed his groove back.

*************************

From Dave:

Brahms lost his to a misapplied flute.
Gonorrhea shrank Mahler’s, to boot.
I’m blaming my cello
For the sickly and yellow
State of my forbidden fruit.

*************************

From Melanie:

A scrupulous cellist named Krupp
Bought a rockstop that came with a cup.
When asked, “Why the addition?”
He cited physicians
And said, “So my endpin stays up.”

Speaking of Frenzied Speculation…

… another form of betting, in these troubled times, involves estimating how much money various universities have really lost from their endowments.

Harvard’s money managers are widely considered some of the best in the business, and still this year they reportedly may lose up to 30% of the university’s endowment.

Harvard’s own estimate is in the twenties; here you’ve got thirty… Let’s see what Edward Jay Epstein says in Slate:

[Harvard’s] recent loss of $8.1 billion from July 1 to Oct. 31, 2008, came as a stunning blow. Yet this huge loss, as staggering as it sounds, might be only the tip of the iceberg of illiquid investments. According to a source close to the Harvard Management Co., the damage, if the fund’s illiquid investments are realistically appraised, may be closer to $18 billion—or more than twice the amount previously reported.

Exotic, esoteric, risky, volatile — These are the words Epstein uses to describes Harvard’s “playing for high-stakes in the casino economy.” An insider friend of his “finds the claim by Harvard’s money managers that the fund lost only 22 percent at best ‘purely Pollyannaish.'”

You know how they could have saved a little awhile back… Before the totally predictable change in the economic climate… They could, back in casino days, have paid their money managers a little less than 25 million dollars a year. Each. Remember? When people got upset about those salaries (They were even higher than that on occasion. One year, they got 35 million.), Harvard cut back on them by a few million, and the money managers immediately quit. As who wouldn’t.

Ah. Grand days.

Frenzy of Speculation Around the Country…

… about what Springsteen will sing at the Super Bowl. Lots of betting going on.

UD already knows one of the songs.

Makes her feel special.

Haven’t These People Heard of Clickers and Emoticons?

From today’s Yale Daily News.

Facebook stalking in class is no longer an option for a growing number of Yale students.

In an attempt to encourage students to pay attention to lectures and to facilitate class discussions, at least two dozen professors and teaching assistants have banned, or at least discouraged, laptop use since classrooms were outfitted with wireless in 2006. Despite the inconvenience the policy poses of taking notes by hand [God yes. The whole taking notes by hand thing. It’s like not having a dishwasher.], many of the professors said in interviews that they have not received any complaints about their no-laptops policies, and a handful of them even said they received positive feedback.

It’s no secret that students using laptops often multi-task in class — answering e-mails, instant messaging, reading the news and occasionally even taking notes.

… Five professors interviewed said laptops put up a literal barrier between students and the professor, hampering discussions and a sense of community within the classroom.

“I want to interact with the students. I want them to be paying attention,” said political science and religious studies professor Andrew March, who banned laptops from his Spring 2008 seminar, “Islamic Political Thought.” “It is impossible, even with the best intentions, to stay off e-mail, the Internet, Solitaire.”

… English and political science lecturer Mark Oppenheimer ’96 GRD ’03, who is teaching “Classics of Political Journalism” this semester, said his policy against laptops is no different from any other classroom regulation a professor might have — such as no swearing and timeliness.

In discussion sections, laptops also make it difficult to read the teaching fellows’ or other students’ body language, said Robin Morris GRD ’11, a TF for “Terrorism in America 1865-2001” this semester.

“By looking at students’ faces during discussion, I can look for signs of confusion, disagreement, boredom, excitement — all signals that help me determine my next move in the classroom,” she said. [Why not trash all of online learning! Hasn’t this woman heard that faceless technology’s sweeping the nation? The Atlanta Journal Constitution quotes a distance educator who tells her students “Give me a smiley if you get it.“]

Taking notes by hand not only eliminates the noise of typing — often distracting in a small seminar — but also forces students to filter information, instead of passively taking notes verbatim, Oppenheimer added.

School of Forestry and Environmental Studies professor Shimon Anisfeld, who banned laptop use from his two courses this spring, “Water Resource Management” and “Organic Pollutants in the Environment,” even used a comic strip to illustrate his point that laptop use takes away from the atmosphere of the classroom. The strip, which Anisfield showed his class the first day, depicts a student having an online conversation in class — a humorous exaggeration of the consequences of classroom laptop use. [UD‘s gotta admit that if she found herself in Organic Pollutants she might seek some form of relief … I mean, Water Resource Management, okay, sounds riveting… But Organic Pollutants might pose a problem… ]

Since enacting the policy, professors said they have seen levels of classroom interaction and grades improve.

“I have seen marvelous results,” March said. “I was ambivalent at the beginning, but I would never go back to allowing laptops.”

And at least some students are warming up to the idea, too.

In his course evaluations for “Eastern Europe Since 1914” in Fall 2007, history professor Timothy Snyder asked students how they felt about his policy on laptops. He received unanimously positive responses. One student even asked why more Yale classes don’t enact a ban, he recalled.

Sarkozy doesn’t want to be unpleasant…

… but he can’t help noticing that French universities are more néant than être.

I don’t see at all how a system of weak universities, led by a finicky central government, could be an efficient weapon in the battle for intelligence. On the contrary, it’s a system that infantilizes and paralyzes creativity and innovation. That’s why we gave the universities autonomy …

No other country has produced so many institutes, agencies, groups and other microscopic organizations that dilute means and responsibilities, pull every which way, and waste time and money …

Is science just a question of financial means and jobs? How then do we explain that with science spending higher than in Great Britain, and about 15% more researchers than our English friends, France is well behind in its scientific production? Somebody better explain that to me! More researchers, fewer publications, and excuse me, I don’t want to be unpleasant, with a comparable budget, a French researcher publishes 30% to 50% less than a British one in some sectors …

Excerpts from a recent speech.

In line with tradition, the researchers will stop working and torch the streets of Paris until he shuts up.

Italy 0.0

Update on Italian universities:

…Universities keep asking for increased public funding while they are unable to make any sensible use of it due to high red tape, structural deficiencies within the education system and a complete lack of evaluation.

During a public conference held last December in Turin on the potential of so-called “cloud computing” — the use of internet as a technology development platform — one participant sarcastically asked ‘how would user-generated Internet 2.0 work in an Italy 0.0, where broadband penetration is just above 10 per cent?’…

Huffington Post

John Updike…

… has died.

*****************************

So I walked out in the snow to pick up dinner and go to the library, and at the library I took out a couple of Updike books: Problems and Other Stories and Bech: A Book.

While waiting for my pizza I opened the short stories and found them both beautifully written and hilarious.

As always when hovering above the dim oval of porcelain, he recalls the most intense vision of beauty his forty years have granted him. It was after a lunch in New York. The luncheon had been gay, prolonged, overstimulating, vinous. Now he was in a taxi, heading up the West Side Highway. At the 57th Street turnoff, the need to urinate was a feathery subliminal thought; by the Seventies (where Riverside Drive begins to rise like an airplane), it was a real pressure; by the Nineties (Soldiers’ and Sailors’ Monument crumbling, Riverside Park a green cliff looming), it had become a murderous imperative. Mastering shame, the man confessed his agony to the driver, who, gradually suspending disbelief, swung off the highway at 158th Street and climbed a little cobblestone mountain and found there, evidently not for the first time, a dirty triangular garage. Mechanics, black or blackened, stared with white eyes as the strange man stumbled past them, back through the oily and junk-lined triangle to the apex: here, pinched between obscene frescoes, sat the most beautiful thing he ever saw. Or would ever see. It was a toilet bowl, a toilet bowl in its flawed whiteness, its partial wateriness, its total receptiveness: in the harmonious miracle of its infrangible and unvariable ens. The beautiful is, precisely, what you need at the time.

Or take this sentence – what a marvelous sentence – from Nevada:

The Humboldt River, which had sustained the pioneer caravans, shadowed the expressway shyly, tinting its valley with a dull green that fed dottings of cattle.

Inspired by the Daffodil-Defying Ex-President of …

…. Mississippi State, UD looks at a poem.

Many people know Wordsworth’s happy poem about daffodils; fewer know this remarkable piece by Ted Hughes, one of his poems to Sylvia Plath in Birthday Letters.

Daffodils

Remember how we picked the daffodils?
Nobody else remembers, but I remember.
Your daughter came with her armfuls, eager and happy,
Helping the harvest. She has forgotten.
She cannot even remember you. And we sold them
It sounds like sacrilege, but we sold them.
Were we so poor? Old Stoneman, the grocer,
Boss-eyed, his blood-pressure purpling to beetroot
(It was his last chance,
He would die in the same great freeze as you),
He persuaded us. Every Spring
He always bought them, sevenpence a dozen,
‘A custom of the house’.

Besides, we still weren’t sure we wanted to own
Anything. Mainly we were hungry
To convert everything to profit.
Still nomads–still strangers
To our whole possession. The daffodils
Were incidental gilding of the deeds,
Treasure trove. They simply came,
And they kept on coming.
As if not from the sod but falling from heaven.
Our lives were still a raid on our own good luck.
We knew we’d live for ever. We had not learned
What a fleeting glance of the everlasting
Daffodils are. Never identified
The nuptial flight of the rarest ephemera –
Our own days!

We thought they were a windfall.
Never guessed they were a last blessing.
So we sold them. We worked at selling them
As if employed on somebody else’s
Flower-farm. You bent at it
In the rain of that April – your last April,
We bent there together, among the soft shrieks
Of their jostled stems, the wet shocks shaken
Of their girlish dance-frocks –
Fresh-opened dragonflies, wet and flimsy,
Opened too early.

We piled their frailty lights on a carpenter’s bench,
Distributed leaves among the dozens –
Buckling blade-leaves, limber, groping for air, zinc-silvered –
Propped their raw butts in bucket water,
Their oval, meaty butts,
And sold them, sevenpence a bunch –

Wind-wounds, spasms from the dark earth,
With their odourless metals,
A flamy purification of the deep grave’s stony cold
As if ice had a breath –

We sold them, to wither.
The crop thickened faster than we could thin it.
Finally, we were overwhelmed
And we lost our wedding-present scissors.

Every March since they have lifted again
Out of the same bulbs, the same
Baby-cries from the thaw,
Ballerinas too early for music, shiverers
In the draughty wings of the year.
On that same groundswell of memory, fluttering
They return to forget you stooping there
Behind the rainy curtains of a dark April,
Snipping their stems.

But somewhere your scissors remember. Wherever they are.
Here somewhere, blades wide open,
April by April
Sinking deeper
Through the sod – an anchor, a cross of rust.

**********************************
**********************************

That’s the poem. Let’s dig in, shall we?

**********************************
**********************************

Daffodils

Remember how we picked the daffodils?
Nobody else remembers, but I remember.

[All of the poems in the collection, written at the end of the poet’s life, directly address Plath. Note that the repetition in these opening lines seems appropriate, unlike the repetition in the recent inaugural poem, which seems merely to be trying to import some musicality to the verses.

Why does this repetition seem appropriate?

It captures the way the mind speaks to itself. The poet muses, thinks back, circles around events. It makes sense that he’d use the same word again and again. It comes across as very human — a little proud, a little irritable… Then too, to re-member is to put something that’s fallen apart together again, and there are two ways in which the poet can be said to be trying to do that: He’s trying to put the torn-apart daffodils together again, lamenting in the poem the way he and Plath tore them carelessly and prematurely out of the earth; and he’s also trying to put his broken life together again through the exercise of memory and the imposition of some order — if only an aesthetic one, through the writing of a poem — upon what just feels like pain and chaos.]

Your daughter came with her armfuls, eager and happy,
Helping the harvest. She has forgotten.
She cannot even remember you.

[She’s forgotten both the event, that is, and her mother.]

And we sold them
It sounds like sacrilege, but we sold them.
Were we so poor?

[The poet for a moment turns away from Plath and asks himself this question, with a certain wistful incredulity.]

Old Stoneman, the grocer,

[Note the OH sound that recurs – old, stoneman, grocer. Gives the memory a certain folkloric, Mother Goosy feel.]

Boss-eyed, his blood-pressure purpling to beetroot

[Note the strong alliteration, and the use of the natural metaphor – beetroot – for a poem about nature. Flowers shoot up out of the ground; our blood pressure shoots up as another sort of natural manifestation.]

(It was his last chance,
He would die in the same great freeze as you),
He persuaded us. Every Spring
He always bought them, sevenpence a dozen,
‘A custom of the house’.

Besides, we still weren’t sure we wanted to own
Anything.

[Evokes their confident bohemian youth.]

Mainly we were hungry
To convert everything to profit.
Still nomads–still strangers
To our whole possession.

[Here the key theme of the poem appears: We didn’t know what we had. We didn’t know how lucky we were to be alive, young, fertile. We flattered ourselves that we had a higher morality in regard to possession, but we were fools: We simply didn’t know how to value what we had because we thought – arrogantly – that we owned the world forever.]

The daffodils
Were incidental gilding of the deeds,
Treasure trove. They simply came,
And they kept on coming.

[Again, we took the earth’s gifts for granted. We didn’t think about the lower depths, the difficulties, out of which they struggled, and the fragility of their existence once they emerged.]

As if not from the sod but falling from heaven.

[The sod. Plath’s grave, and all the darker truths it contains, but also hides, will appear in this poem.]

Our lives were still a raid on our own good luck.
We knew we’d live for ever. We had not learned
What a fleeting glance of the everlasting
Daffodils are. Never identified
The nuptial flight of the rarest ephemera –

[Note the use again and again of the letter L. Lends the words a lightness — what a couple of ladeedas we were…]

Our own days!

[Their hasting-away marriage. Not that they see the end coming.]

We thought they were a windfall.

[See how the greatest poets find the greatest words? Windfall. Both a piece of luck from nowhere, and also, literally, what he has already described: the act of falling from heaven. The poet drives us back to the origins of words, the ground of things, when he discovers linguistic windfalls… After all, the word windfall, for all its positive connotations, has in it the word fall, and this is a poem about the sudden fall of a life into death.

And – not that I’m keen on Dylan Thomas – but note that he got there first in a poem with the very same theme as this one: Fern Hill, which includes the line “Down the rivers of the windfall light.”]

Never guessed they were a last blessing.

[Guess. Bless. Sly rhymes.]

So we sold them. We worked at selling them
As if employed on somebody else’s
Flower-farm. You bent at it
In the rain of that April – your last April,
We bent there together, among the soft shrieks
Of their jostled stems, the wet shocks shaken
Of their girlish dance-frocks –

[Soft, jostled, shocks, frocks — the language sings. But always in the service of its themes — the girlish prematurity of these lovers, and the whispering latency by which they begin to register their oncoming doom.]

Fresh-opened dragonflies, wet and flimsy,
Opened too early.

We piled their frailty lights on a carpenter’s bench,
Distributed leaves among the dozens –
Buckling blade-leaves, limber, groping for air, zinc-silvered –
Propped their raw butts in bucket water,
Their oval, meaty butts,
And sold them, sevenpence a bunch –

[Here note simply the microscopic attentiveness to details of the physical world. You’ve never looked at a wilting daffodil as carefully as Ted Hughes has.]

Wind-wounds, spasms from the dark earth,
With their odourless metals,
A flamy purification of the deep grave’s stony cold
As if ice had a breath –

[Into seriously Wuthering Heights territory here. The daffodils aren’t merely pretty flowers we’ll sell to the merchant for a little money; they’re messengers from deep in the earth, little flames distilled from dark underlying agonies.]

We sold them, to wither.

[Whither is fled the visionary dream? may also insinuate itself here.]

The crop thickened faster than we could thin it.
Finally, we were overwhelmed
And we lost our wedding-present scissors.

Every March since they have lifted again
Out of the same bulbs, the same
Baby-cries from the thaw,
Ballerinas too early for music, shiverers
In the draughty wings of the year.

[Wings as in things lifted like birds; but also stage wings, where unready dancers shiver anxiously.]

On that same groundswell of memory, fluttering

[Groundswell — a word as madly poetic as windfall. Great poems are true to the operations of consciousness — here, memories burst out of us, a groundswell of thought and feeling, and the poet captures this operation not by describing it as a psychologist might but by working it through obliquely, metaphorically, with the objects memory attaches itself to — those daffodils.]

They return to forget you stooping there
Behind the rainy curtains of a dark April,
Snipping their stems.

[An allusion here perhaps to their children — the daughter who happily harvests with no memory of her mother. Also an angry moment: Plath has cut short the childhood of her son and daughter by killing herself. They’ve been nipped in the bud.]

But somewhere your scissors remember. Wherever they are.
Here somewhere, blades wide open,
April by April
Sinking deeper
Through the sod – an anchor, a cross of rust.

[Blades wide open. The rage and pain of his morbid reflections. The hectic undiminished terrifying eros of them even today for the poet. Wide open in the month of April, your scissors, spasm, meaty butts, those too-eager girls, soft shriek, wet…]

*******************

A sort-of companion poem.
By Philip Larkin, a sort-of
friend of Ted Hughes.

*******************

Cut Grass

Cut grass lies frail:
Brief is the breath
Mown stalks exhale.
Long, long the death

It dies in the white hours
Of young-leafed June
With chestnut flowers,
With hedges snowlike strewn,

White lilac bowed,
Lost lanes of Queen Anne’s lace,
And that high-builded cloud
Moving at summer’s pace.

Mississippi Presidents Keep Digging Own Graves

The last two presidents of Mississippi State have had to resign because of gardening.

The first guy used state money to plant dozens of magnolias at the home of the state higher education commissioner.

The second guy dug up all the daffodils on campus because he doesn’t like how they look when they finish blooming.

… [T]he elimination was seen as unnecessary by horticultural enthusiasts.

Senior ornamental horticulture major Mark Cooper said he heard that the daffodils were going to be replaced with another flower.

“He [the ex-president] thought the daffodils were unsightly after they bloomed,” Cooper said. “[He] mentioned that roses should replace the daffodils, which is ironic because roses are much harder to maintain.”

Plants and soils science professor Brian Trader said an unspecified small number of the dug up daffodils were donated to the Horticulture Club. He said some of the flowers were sold as part of a fundraiser while others were replanted.

“The Horticulture Club has put quite a few daffodils around Dorman Hall during the fall semester,” Trader said. “A small portion was sold in the horticulture sale as a way to fundraise.”

Trader said daffodils may not be as visually appealing after blooming but their complete disposal is foolish.

“Daffodils are definitely not a nuisance, but after they bloom they are not too pleasing to the eye,” he said. “It is important every three to four years to thin them out, but having a full fledge[d] removal is unnecessary.”

As the daffodils again become a part of the MSU scenery, Cooper said he has one piece of advice for new MSU President Mark Keenum.

“After the daffodils with Foglesong and the magnolia tree scandal with Watson, my advice to the new president is to stay far away from landscaping,” he said.

With snow drifting over the Atlantic…

… UD reads about the latest Ponzi scheme.

She has the following two thoughts:

1.) The swindler called the business Agape World.

How long before the beautiful concept of agape recovers from this?

2.) At least the guy – last name Cosmo, name of business Agape – probably isn’t Jewish.

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UD REVIEWED

Dr. Bernard Carroll, known as the "conscience of psychiatry," contributed to various blogs, including Margaret Soltan's University Diaries, for which he sometimes wrote limericks under the name Adam.
New York Times

George Washington University English professor Margaret Soltan writes a blog called University Diaries, in which she decries the Twilight Zone-ish state our holy land’s institutes of higher ed find themselves in these days.
The Electron Pencil

It’s [UD's] intellectual honesty that makes her blog required reading.
Professor Mondo

There's always something delightful and thought intriguing to be found at Margaret Soltan's no-holds-barred, firebrand tinged blog about university life.
AcademicPub

You can get your RDA of academic liars, cheats, and greedy frauds at University Diaries. All disciplines, plus athletics.
truffula, commenting at Historiann

Margaret Soltan at University Diaries blogs superbly and tirelessly about [university sports] corruption.
Dagblog

University Diaries. Hosted by Margaret Soltan, professor of English at George Washington University. Boy is she pissed — mostly about athletics and funding, the usual scandals — but also about distance learning and diploma mills. She likes poems too. And she sings.
Dissent: The Blog

[UD belittles] Mrs. Palin's degree in communications from the University of Idaho...
The Wall Street Journal

Professor Margaret Soltan, blogging at University Diaries... provide[s] an important voice that challenges the status quo.
Lee Skallerup Bessette, Inside Higher Education

[University Diaries offers] the kind of attention to detail in the use of language that makes reading worthwhile.
Sean Dorrance Kelly, Harvard University

Margaret Soltan's ire is a national treasure.
Roland Greene, Stanford University

The irrepressibly to-the-point Margaret Soltan...
Carlat Psychiatry Blog

Margaret Soltan, whose blog lords it over the rest of ours like a benevolent tyrant...
Perplexed with Narrow Passages

Margaret Soltan is no fan of college sports and her diatribes on the subject can be condescending and annoying. But she makes a good point here...
Outside the Beltway

From Margaret Soltan's excellent coverage of the Bernard Madoff scandal comes this tip...
Money Law

University Diaries offers a long-running, focused, and extremely effective critique of the university as we know it.
Anthony Grafton, American Historical Association

The inimitable Margaret Soltan is, as usual, worth reading. ...
Medical Humanities Blog

I awake this morning to find that the excellent Margaret Soltan has linked here and thereby singlehandedly given [this blog] its heaviest traffic...
Ducks and Drakes

As Margaret Soltan, one of the best academic bloggers, points out, pressure is mounting ...
The Bitch Girls

Many of us bloggers worry that we don’t post enough to keep people’s interest: Margaret Soltan posts every day, and I more or less thought she was the gold standard.
Tenured Radical

University Diaries by Margaret Soltan is one of the best windows onto US university life that I know.
Mary Beard, A Don's Life

[University Diaries offers] a broad sense of what's going on in education today, framed by a passionate and knowledgeable reporter.
More magazine, Canada

If deity were an elected office, I would quit my job to get her on the ballot.
Notes of a Neophyte

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