Saturday, June 28, 2008

Lawsuit Withdrawn

As expected during the recent election, the new AoA Executive Committee has decided to terminate the AoA's lawsuit against the Board of Trustees. The College's press release is here.

Wednesday, June 25, 2008

Open Thread: Presidential Search Committee

The members of the Presidential Search Committee were recently unveiled. There seems to be partisans from both sides of the alumni dispute on the committee, most prominently Martha Beattie '76 and Peter Robinson '79. This is an open thread concerning its make-up. Discuss.

How to Create a Nom de Plume

There are numerous ways to avoid posting anonymously, but the following is the easiest:
  • Click Post a Comment at the bottom of the post.
  • You will then have four options: a google name, an OpenID name, Name/URL, and Anonymous. Click the circle next to Name/URL.
  • In the space to the right of Name, write whatever sequence of letters, numbers, and spaces your little heart desires—as long as it doesn't spell 'anonymous'.
  • The URL space is optional. If you have your own website or blog that you want people to know about, then type that address in this space. But you can leave this space blank if you want.
  • Click Publish your Comment.
That's all there is to it.

Saturday, June 21, 2008

Haldeman: Conflicting Reports?

The Daily Dartmouth finally got around to reporting yesterday that Dartmouth’s Board Chair Ed Haldeman will be stepping down from his post as Putnam Investment’s CEO and President—dartlog readers may recall our coverage of this event here several days ago.

Haldeman will now be the chair of the company’s mutual fund unit. According to Haldeman, as reported in the Daily Dartmouth, “This transition has been anticipated for a very long period of time.”

Specifically, according to the Daily D’s article, this transition has been anticipated for nearly two years. According to the Daily D: “Plans for Haldeman to step down began in fall 2006 when the Power Financial Corporation began negotiations to acquire Putnam.”

However, according to the Boston Globe (June 13, 2008), as of this past spring, such a transition was not in the cards for the former CEO: “In May [2008], Haldeman disclosed that Power Financial had extended his contract at least through 2010, which a spokeswoman said at the time would keep him in the roles of chief executive and president.”

Perhaps the editors at the Daily D should be forgiven; it may be they don't read the Boston Globe, sticking to the forwarded press releases from the Dartmouth administration instead.

Thursday, June 19, 2008

Unethical Dealings by a Board Member?

Trustee Leon Black is in the news.

P.S. Here's more.

Presidential Search Committee Announced

Here.

The following are the six members of the Board of Trustees on the committee:
  • Bradford Evans '64, managing director of Morgan Stanley and a vice chairman of the firm's Investment Banking Department;
  • Jose W. Fernandez '77, a partner in the New York office of Latham & Watkins and global co-chair of the firm's Latin America practice;
  • Pamela Joyner '79, the managing partner and founder of Avid Partners;
  • Stephen Mandel Jr. '78, managing director and portfolio manager at Lone Pine Capital;
  • Albert Mulley Jr. '70, chief of the General Medicine Division and director of the Medical Practices Evaluation Center at Massachusetts General Hospital and associate professor of medicine and associate professor of health policy at Harvard Medical School; and
  • Peter Robinson '79, fellow at the Hoover Institution at Stanford University

Dartmouth faculty:

  • Joyce DeLeo, professor of anesthesiology and of pharmacology and toxicology at Dartmouth Medical School;
  • Sydney Finkelstein, the Steven Roth Professor of Management at the Tuck School of Business;
  • Gretchen Gerzina, the Kathe Tappe Vernon Professor in Biography and the chair of the Department of English;
  • Joseph Helble, dean of the Thayer School of Engineering;
  • Jane Lipson, the Albert W. Smith Professor of Chemistry; and
  • Jonathan Skinner, the John Sloan Dickey Third Century Professor in the Social Sciences.

Student and alumna:

  • Molly Bode '09, president of the Student Assembly; and
  • Martha Beattie '76, chair of the Alumni Council's Alumni Liaison Committee and past president of the Alumni Council

Tuesday, June 17, 2008

Haldeman, Denying Allegations, Steps Down as Putnam CEO

Two days after Dartmouth’s Association of Alumni results were announced, Dartmouth’s Board Chair Ed Haldeman told reporters in a June 12th teleconference that he will be stepping down as Putnam Investment’s CEO. Putnam Investments is a mutual funds firm based in Boston. During the media teleconference, Haldeman “insisted that the move has nothing to do with an allegation, put forward recently by a Putnam whistleblower, that Haldeman had known about the market-timing activity that had occurred years ago.” Readers of The Dartmouth Review may recall our coverage of this sordid affair some months ago.

Market-timing at Putnam, which constitutes fraud, occurred as late as 2003. Haldeman joined Putnam in the fall of 2002 as the head of investments. In the wake of Putnam’s market-timing scandal, which made headlines in 2003, Haldeman replaced then-CEO Larry Lasser as the company’s CEO in November, 2003.

Those who know the former CEO suggest that Haldeman will land on his feet after this stumble; we at The Dartmouth Review offer former-CEO Haldeman our best wishes.

Wednesday, June 11, 2008

'Unity' slate sweeps executive committee seats

From the horse's mouth:

HANOVER, NH - The Dartmouth College Office of Alumni Relations today announced that a record number of Dartmouth alumni voted to elect new leadership of the Association of Alumni (AoA) committed to ending a lawsuit against the College.

Every member of the "Unity" slate of candidates for the eleven-member executive committee was elected with approximately 60 percent of the votes cast. With 24,940 ballots cast, a record number of Dartmouth College's more than 60,000 alumni participated in the election, approximately 38 percent.

"Dartmouth alumni have expressed their support for ending the lawsuit against the College and pursuing a more collaborative and productive approach to governance," said David Spalding, Dartmouth's Vice President for Alumni Relations, who was reelected secretary-treasurer of the Association."The unprecedented participation in this year's AoA election reflects the great passion alumni have for Dartmouth and their strong commitment to doing what's best for its students."

A great example of democracy killing itself. Thanks alumni!

Thursday, June 05, 2008

Vote Reminder

Online voting for the AoA's Executive Committee concludes today. For those who live close to Hanover, you can still vote in person at their annual meeting on the 10th.

Sunday, June 01, 2008

The Dartmouth Review's Parity Slate

Apparently being endorsed by us is a bad thing:

du.blather.pdf

The Push for Democracy Spreads

The alumni of Colgate are petitioning for a say on their Board.