Around The Web

from Financial Times Schwarzman defended Trump at CEO meeting on election results Andrew Edgecliffe-Johnson and Mark Vandevelde in New York, November 14th, 2020 Blackstone founder Stephen Schwarzman defended Donald Trump’s response to this year’s US poll results during an emergency meeting of senior business leaders alarmed by the president’s claims that the election is being stolen, according to several participants. About 30 chief executives — of companies as large as Goldman Sachs, Johnson & Johnson and Walmart —…

from New Haven Register Outbreak elevates Yale COVID alert level, quarantines students By Jim Shay, Nov. 7th, 2020 NEW HAVEN — Students in three Yale University residential colleges have been asked to quarantine and sports activities have been suspended for the weekend after a surge in COVID-19 cases, school officials said. On Friday, Yale also raised its COVID-alert status from yellow to orange. The change in status means no visitors are allowed on campus, travel is strongly discouraged,…

wsj.com Yale’s David Swensen Puts Money Managers on Notice About Diversity By Juliet Chung Close Juliet Chung Biography Juliet.Chung@wsj.com and Dawn Lim  The national discussion over race has resulted in an accelerated push for diversity on boards and in companies across the U.S. It has also prompted some investors to look at investment management, one of the least diverse fields on Wall Street. A 2019 study commissioned by the Knight Foundation found women- and minority-owned firms…

from GolfWorld How Yale, the country’s best college golf course, is back from the dead By Joel Beall September 30, 2020   He walked off the course as if witnessing a resurrection. There was a glance back at the green and down the fairway, as to confirm what happened had happened. “It’s miraculous, really,” Robert Massimilian says. “I came out to see if it was still alive. After everything that’s been said, I didn’t know what…

from the atlantic.com How Life Became an Endless, Terrible Competition By Daniel Markovits  Aug. 19th, 2019 . Meritocracy prizes achievement above all else, making everyone—even the rich—miserable. Maybe there’s a way out. Updated at 4:38 p.m. ET on September 4, 2019. In the summer of 1987, I graduated from a public high school in Austin, Texas, and headed northeast to attend Yale. I then spent nearly 15 years studying at various universities—the London School of Economics, the…

from the New York Times Justice Dept. Accuses Yale of Discrimination in Application Process The Trump administration said the university discriminated against Asian-American and white applicants. Yale defended its practices and vowed to maintain them. by Anemona Hartocollis, Aug. 13, 2020 The Justice Department on Thursday accused Yale University of violating federal civil rights law by discriminating against Asian-American and white applicants, an escalation of the Trump administration’s moves against race-based admissions policies at elite…

from fxstreet.com Yale’s Stephen Roach calls a 35% drop in the US dollar Yale University’s senior fellow Stephen Roach, one of the world’s leading authorities on Asia, expects the US dollar to decline by 35% against other major currencies due to ballooning fiscal deficits. “The U.S. economy has been afflicted with some significant macro imbalances for a long time, namely a very low domestic savings rate and a chronic current account deficit,” Roach told CNBC’s…