Harvard Called ‘Lazy, Fat, Stupid’ in Endowment Report Last Year
- Consultants hear complaints about ‘easy-to-beat’ bonus targets
- Top 11 managers collected $242 million in pay over five years
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Harvard University’s money managers collected tens of millions in bonuses by exceeding “easy-to-beat” investment goals even as the college’s endowment languished, employees complained in an internal review.
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