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Amidst the celebration of Senator Edward Kennedy (D-MA) came the startling news that the University's endowment has lost 22% of its value, or $8.1 billion, in the four months from June 30-October 31.
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Senator Edward "Ted" Kennedy (D-MA) was given the honorary degree of Doctor of Laws in recognition of his lifelong dedication to public service on Monday, December 1st at a special convocation in Sanders Theater. A special convocation has only been held on rare occasions, with the past honorees including George Washington, James Monroe, Andrew Jackson, Winston Churchill and Nelson Mandela.
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Harvard University's endowment has suffered dramatic losses. What remains unknown is how this will affect the Law School. In the Law School's classrooms, professors continually preach the need for transparency in law and governance. HLS' administration should strive to practice what its professors preach, and not leave us in the dark during this bleak economic dusk.
News
Have you driven a Ford lately? If recent sales numbers are correct, the answer is likely, "no." With each of the "Big Three" Detroit-based automakers (General Motors, Ford Motor, and Chrysler LLC) returning to Capitol Hill this week in search of an estimated $25 billion in bridge-loans, the debate rages on regarding the best course of action for saving Detroit, or not saving Detroit. Only reorganization through bankruptcy, and not a direct injection of federal funds, can begin to rectify this situation.
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Last week, Professor Jack Goldsmith argued that the Obama administration should not conduct any new investigations into the Bush administration's authorization of its "harsh, abusive and illegal interrogation program." His article is particularly troubling for some of us at Harvard Law School who do not share his views. It misrepresents the actions that led to the authorization of torture, it ignores the legal significance of those actions, and it neglects the value that proper investigation and punishment of those actions would have.
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Celebrating indigenous holidays and festivals for the first time is one of the great moments of living abroad. When you're in England, however, you're not likely to find memorable events such as people camped out in cemeteries like Day of the Dead in Mexico, nor street parades where they cover you in paint like in India.
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Last week, the Record profiled Obama's Class of 1991 friends Julius Genachowski and Chris Lu, whom he tapped to serve on the advisory board and as Executive Director of the Obama-Biden Transition Project, respectively. This week, both have been promoted to higher responsibilities.
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Ronald A. Klain '87 became the first HLS alumnus to be officially selected as a member of the new administration last Wednesday, when he was tapped to serve as Vice President-elect Joe Biden's Chief of Staff. Klain graduated from Georgetown and clerked for Justice White.
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As the transition to the presidency of Barack Obama '91 kicks into high gear, we learn of ever more potential members of the new administration with Harvard Law School ties. After announcing the Obama-Biden Transition Project's senior staff and advisory board members, a number of whom the Record profiled last week, the Office of the President-elect has released a detailed list of individuals leading the transition teams for various government agencies.
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The classic indicators of a severe downturn, rising unemployment and falling prices, are appearing across the whole economy as the contraction of credit markets extends and consumer confidence remains abysmal.
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Professor Charles Ogletree '78 moderated a panel hosted by the Charles Hamilton Houston Institute entitled "In Order to Form a More Perfect Union" for the purpose of considering the path forward for President-elect Barack Obama '91 as he forms his administration. The panel featured former Massachusetts Governor William Weld '70, noted journalist Douglas Blackmon, political activist Maria Teresa Petersen, and Harvard professors Orlando Patterson, David Gergen '67, Alan Dershowitz, and Lani Guinier.
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to be an active participant in the democratic experiment, one must have thick skin. Democracy's epic act-taking a stand on an issue of great importance to our conscience is never without consequences. People will disagree, sometimes aggressively, about a variety of issues. Moral questions, such as abortion or gay marriage, frequently make foes of family and friends. It isn't easy being a democrat. Instead of belittling the deeply-held beliefs of supporters of Prop. 8, gay rights advocates need to take responsibility for its failure.