Poor, poverty-stricken Harvard. Gazing at 30% losses for their latest fiscal year and the tatters of a management team for the endowment, it is unsurprising that they would start trying to fill the ranks. You have to like their chances. It would be pretty hard to look all that bad given the endowment’s recent performance, though we have confidence that the new recruits will give it their full effort.

Harvard Management Co., manager of the nation’s largest college endowment, said it hired a new equity portfolio manager from New York-based hedge-fund firm Caxton Associates.
Emil Dabora, who specialized in event-driven investments at Caxton, is the second recent hire by Harvard Management.

Why are we suddenly reminded of Where Eagles Dare?
Harvard Hires New Equity Portfolio Manager [The Wall Street Journal]

Comments (24)

  1. Posted by guest | August 5, 2009 at 1:12 PM
  2. Posted by guest | August 5, 2009 at 1:12 PM

    Should have hired someone from GS. Caxton sucks.

  3. Posted by guest | August 5, 2009 at 1:14 PM

    thought you were going to link to the Misfits song

  4. Posted by guest | August 5, 2009 at 1:14 PM

    @1 – BOOBIES!!!! Thank you.

  5. Posted by Seaman Bodine II | August 5, 2009 at 1:15 PM

    yeah – a guy from caxton will fix that shit…those guys steered all their clients right

  6. Posted by guest | August 5, 2009 at 1:18 PM

    Caxton is shit.

  7. Posted by guest | August 5, 2009 at 1:20 PM

    If Bess had written this, the word “endowment” would have figured more prominently, and the post would have been seamlessly laced with titillating innuendo, and I woudldn’t be so depressed right now.

  8. Posted by guest | August 5, 2009 at 1:24 PM

    The more depressed I get, the hornier I become. Time to microwave some bagels and pound the shit out of them in the kitchen.

  9. Posted by guest | August 5, 2009 at 1:30 PM

    @ 8, I usually use the poopy seed. It best replicates the sensation of pounding my secretary in the ass

  10. Posted by guest | August 5, 2009 at 1:30 PM

    @8 – Anything longer than 30 seconds on high will be painful.

  11. Posted by guest | August 5, 2009 at 1:40 PM

    Lookin’ good, Billy Ray!

  12. Posted by Seaman Bodine II | August 5, 2009 at 1:58 PM

    Billy Ray Valentine, Capricorn

  13. Posted by guest | August 5, 2009 at 1:59 PM

    Next time you mention a classic Wall St film, have the f’king decency to put in some relevant image.
    WTF is wrong with you idiots?

  14. Posted by guest | August 5, 2009 at 3:02 PM

    13 – Wall Street film? It’s an old school war movie, fer chrissakes.
    I gotta say, I don’t see the relevance to the Harvard Endowment. But given EP’s fixation with Nazis, I’ll roll with it.
    EP, I liked that 3-part overdubbing you did on the German war flicks, a while back. Can’t you gin one of those up? It will help pass the time until Bess returns.

  15. Posted by guest | August 5, 2009 at 3:07 PM

    if by war movie you mean class war, then maybe. but trading places is definitely a wall street film.

  16. Posted by guest | August 5, 2009 at 3:18 PM

    @13, 15 – Well, there’s this sentence, along with a link to IMDB entry for that movie. Great Eastwood flick, a precursor to Kelly’s Heroes, but not terribly relevant to this scenario.
    >

  17. Posted by guest | August 5, 2009 at 3:23 PM

    “Like Oh Sure, HE went to Haaarvard”
    best movie, best movie ever

  18. Posted by guest | August 5, 2009 at 5:28 PM

    Where Eagles Dare is one of the most exciting action films and I know it well. I am struggling to figure out the connection to which you are alluding. Please answer this riddle!

  19. Posted by guest | August 5, 2009 at 5:53 PM

    Feeling good Luis!

  20. Posted by guest | August 5, 2009 at 9:10 PM

    I remember the pavilion, we had big fun there!
    http://www.youtube.com/watch?v=oCERfa8LcS4

  21. Posted by guest | August 6, 2009 at 12:37 AM

    14 – Trading Places dumb shit.
    “I had this horrible dream…”
    13

  22. Posted by guest | August 6, 2009 at 12:06 PM

    Harvard was built on the backs of slaves,and has had its existence prolonged with slave money.

  23. Posted by guest | August 6, 2009 at 12:13 PM

    Every endowment in the country has posted double digit losses, even the more conservative ones had 20% declines. I’m more concerned how they valued the decline at 30%.

  24. Posted by Novice | August 7, 2009 at 3:28 AM

    Seriously, what’s the connection? Great movie though.

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