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Well, I'm not privy to the Harvard accounts, so you're probably right on that front. Yeah, probably signed up to some deferred payment thing. Well done. But th
by sho 17y ago
Well, I'm not privy to the Harvard accounts, so you're probably right on that front. Yeah, probably signed up to some deferred payment thing. Well done.
But the other part - the $40m bonus payments (a figure from another article) - that is obscene. Doubly so for a so-called educational institution.
Yeah, capitalism, blah blah. Yeah, market rates, etc. Yeah they "made their money back" etc. Fuck all of that. Paying someone, anyone, $40m a year is obscene.
Seriously - step back for a minute and think about it. Harvard uni. Pays their top professor $250k. Pays their money managers $20m+. What does that say?
I'm not going to answer, fill in your own; but it says something, all right.