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verdicts
30 Songs? That'll Be $675,000
A Boston jury yesterday ruled that file sharer Joel Tenenbaum would have to pay the Recording Industry of America $675,000 for sharing 30 copyrighted songs. The hefty award was all the more surprising because Tenenbaum was represented by a crack team of legal eagles from Harvard's law school. The trial didn't unfold nearly the way they planned... More » -
credit cards
Study Of Credit Unions Indicates CARD Act Will Benefit Consumers
Two Harvard doctoral students in economics compared how credit unions and banks operated their credit card divisions, and concluded that the recent CARD act "is likely to bring about moderate, and even positive, changes," as banks begin to emulate parts of the fairer business model of credit unions. Specifically, they say, all the doom and gloom from the banking industry about how consumers will get shafted by the new rules is mostly fearmongering. More » -
Harvard University's endowment, the largest of any university, has lost 22% of its value in the past year — or approximately $8 billion. Ouch. [MarketWatch]
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worst company in america
Is The RIAA Afraid Of Harvard?
Of all the Ivy League schools, Harvard is the only one to have escaped the deluge of RIAA pre-litigation letters. What gives? More »
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