<p>Another deep and upsetting embarrassment for Harvard :) First, Yale beats their endowment in overall endowment return by a huge factor every year, while simultaneously, the endowment managerial salaries become the topic of a national scandal, causing alumni to question where they are giving their money. </p>
<p>Then, recently, the dean of Yale's architecture school, Bob Stern (Yale M.Arch.) is picked to design Harvard Law's new building. </p>
<p>As a Harvard alum, I'm neither embarrassed nor upset. I'm delighted. Mendillo had a terrific track record in her 15 years working for Harvard Management before she left to become chief investment officer at Wellesley (where she also had a great track record). It's wonderful to have her back at Harvard.</p>
<p>There is absolutely nothing about our endowment, our managers, their salaries, or where they're from that bothers or embarrasses me. $34.9 billion beats $22 billion any day...</p>
<p>She's a Yale spy. Or more likely, both Harvard and Yale are capable of producing qualified graduates who quite often end up being associated with their school's "rival".</p>
<p>^^What issue? She a skilled money manager who worked for Harvard before, and now she has come back to take the top job. Why is that an issue? </p>
<p>She will be compensated based largely on how much she increases Harvard's wealth. Do you think she will throw away those millions she stands to earn in order to somehow torpedo Havard for the sake of a petty rivalry with her alma mater? I think even Yalies are too smart to do something that foolish.</p>