Web Update: Yale announces 25 percent drop in endowment
Yale's endowment is down roughly 25 percent since the fiscal year that ended June 30, its president, Richard Levin, announced today.
Yale's endowment is down roughly 25 percent since the fiscal year that ended June 30, its president, Richard Levin, announced today.
On Monday, President Tilghman met Speaker of the House Rep. Nancy Pelosi (D-Calif.), Rep. Rush Holt (D-N.J.) and other leaders in the sciences in Chancellor Green for a roundtable discussion about science and technology in the United States and its ability to stimulate the national economy.A meeting between Tilghman and Pelosi earlier this year inspired the discussion.
President-elect Barack Obama announced Monday that he will nominate Elena Kagan ?81, dean of Harvard Law School, to the post of solicitor general in the Department of Justice.The Office of the Solicitor General argues all cases on behalf of the U.S.
A team of Princeton researchers recently identified the trace metal molybdenum as the limiting factor in nitrogen fixation, the process by which plants convert atmospheric nitrogen into its biologically usable form.
Lisa Jackson GS ?86 will serve as the first African-American administrator of the Environmental Protection Agency (EPA), President-elect Barack Obama announced at a press conference in Chicago late Monday afternoon.
This time last year, Jason knew he was going into finance and imagined that he would spend most of the fall of his senior year applying to investment banks.
Three Princetonians ? politics professor Robert George, Teach For America founder Wendy Kopp ?89 and Librarian of Congress James Billington ?50 ? are among the 24 recipients of the Presidential Citizens Medal, the White House announced Wednesday.The medal is among the highest honors that a civilian can receive from the president and aims to honor great deeds of national service.
Though the South Asian Students Association (SASA) includes Pakistan as one of the countries whose culture it promotes on campus, Pakistani international students created another group, Pehchaan, in winter 2006 to address Pakistani cultural and political issues.?We felt there was a need to try and organize events and discussions that were focused more so on Pakistan to some extent,? Babur Khwaja ?09, one of Pehchaan?s officers, said in an interview.?South Asia is big ... and while clumping all its people together is convenient, it?s not always efficient, or even fair,? Faaez Ul Haq ?11, a member of Pehchaan, said in an e-mail.Ul Haq is also a staff photographer for The Daily Princetonian.Khwaja noted, fundamentally, that the groups have different focuses.?One of the big motivators for Pehchaan?s founders was that there?s a huge scope of political problems in Pakistan that are so pressing and at the forefront of the news,? he said.?Pehchaan aims to ... provide opportunities for Princeton students, Pakistani and non-Pakistani to come to appreciate different nuances of Pakistani culture,? Ul Haq said.The Pakistani group welcomes all students, including Americans and international students with no ethnic ties to Pakistan as well as Indian students, Khwaja explained in an e-mail.Though some of Pakistan?s political issues involve India, its neighbor, Khwaja said the ?history of fighting [between the two] doesn?t really factor into the way SASA and Pehchaan work together at Princeton.??We support each other,? he added.
The Committee on the Course of Study, chaired by Dean of the College Nancy Malkiel, has instituted an online system for all undergraduate course evaluations in an effort to increase the ease and efficiency of the end-of-semester process.
Dillon Gym introduced a female-only swim hour last month after a Jewish and a Muslim student together approached Associate Director of Athletics for Campus Recreation David Leach in late September.Leach said he treated their concern as one coming from a student group and was ?able to find an hour that was not a publicly used hour in Dillon Gym.? On Sundays from 11:45 a.m.
The University and members of the Robertson family have agreed to settle the largest donor-intent lawsuit in U.S.
A day after referendum results showed that Princeton students support gay marriage but do not want the University to take a public stance on the issue, two teams of students gave their views on marriage in a debate sponsored by the Anscombe Society and the Equality Action Network (EAN).
In their first public response to the Robertson family, Princeton, President Tilghman and the three other University-appointed members of the Robertson Foundation?s board of trustees filed a motion yesterday to dismiss the complaint alleging that the University has misused Robertson Foundation funds.A tentative hearing is scheduled for Dec.
Liquor law violations are up more than 150 percent in the Borough compared to the same time period last year, according to the most recent monthly police report.?The majority of these were the result of our response to McCosh ... [in which] we found out, by investigation, that drinking occurred in the dorm rooms,? Borough Police Lt.
USG president Josh Weinstein ?09?s endorsement of vice president-elect Michael Weinberg ?11 last week resulted in criticism from some members of the USG, spurring mixed reactions from students about the announcement and its effect on the race between Weinberg and his opponent, Nick DiBerardino ?11.In an e-mail sent early Friday morning to supporters from his own campaign last year, Weinstein said that he would ?like to offer [his] absolute support for Mike Weinberg for USG Vice President.? Weinstein also said that USG president-elect Connor Diemand-Yauman ?10 ?initially asked Mike to be on a ticket with him, but has decided to remain impartial, publicly, because he is unopposed,? a statement that Diemand-Yauman and the USG said was not true.Diemand-Yauman and members of the USG felt that the e-mails might sway the results of the vice presidential election.
Michael Weinberg ?11 has defeated Nick DiBerardino ?11 to become USG vice president, according to the results of the original election.
As Democratic lawmakers push to spend $15 billion on emergency loans to Chrysler and General Motors, University economic professors are not as supportive.?If we had a strong economy right now, the best remedy might indeed be to let these companies go,? said Alan Blinder ?67, economics professor and former vice chairman of the Board of Directors of the Federal Reserve System.
Undergraduates voted against petitioning the University to sign an amicus brief opposing California Proposition 8, which ended gay marriage in the state, as well as against a second referendum asking the University to refrain from taking stances on contentious issues, according to USG election results released Tuesday afternoon.
The University?s process for reviewing its financial investments is less transparent and less responsive to concerns from the University community than that of peer institutions, according to Responsible Endowments Coalition (REC) Organizing Director Cheyenna Weber.The REC is a student-founded nonprofit organization that advocates for ?socially and environmentally responsible? investment by colleges and universities, according to the REC website.All Ivy League schools except Princeton and Cornell have committees responsible for regular review of their institution?s financial investments that also serve as a forum for student and faculty concern over the moral or political consequences of the investments, Weber said.Weber noted that ?at Cornell, the president called a working group this fall? to discuss forming an oversight committee.The University?s process for reviewing investments has come under scrutiny in the past week, after WPRB first revealed that the University has investment ties to Zimbabwe.Princeton University Investment Company (PRINCO) president Andrew Golden said that the University held until 2003 roughly $1.5 million in bonds issued by a defense contractor that supplied arms to Zimbabwe.