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IRS Audits Harvard Management Company’s Investment Activities

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The IRS is examining questionable practices at college endowment funds across the country. The biggest of these funds is Harvardà ‚¬ „ s, where questionable practices have coincided with Jack Mayer, Harvard Managementà ‚¬ „ s chief from 1990 to 2005, being paid as much as $7.2 million per year and some of Mayerà ‚¬ „ s staffers getting as much as $35 million over that period of time.
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"How could I fail to speak with difficulty? I have new things to say." I graduated from Stanford Law School in 1966 but have never practiced. Instead, I dropped back five years and joined The Movement, but it wasn't until the 1970's that I (more...)
 
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