Magic of Numbers

Colleges & Universities A-Z Harvard University
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$26.5 million: Amount that Harvard has agreed to pay the U.S. government to settle a lawsuit alleging that economics professor Andrei Shleifer ’82 defrauded a federal agency.</p>

<p>825: Number of one-year full-tuition scholarships that Harvard could have awarded to undergraduates with the money it spent settling the Shleifer suit.</p>

<p>$2 million: Amount that Shleifer will pay the U.S. government to settle the same lawsuit.</p>

<p>$3 billion: Amount invested in Bracebridge Capital, the hedge fund run by Shleifer’s wife, according to comments she made at an April 2006 University of Chicago conference.

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<p><a href="http://www.thecrimson.com/article.aspx?ref=513866%5B/url%5D"&gt;http://www.thecrimson.com/article.aspx?ref=513866&lt;/a&gt;&lt;/p>

<p>More information here:
<a href="http://www.economicprincipals.com/issues/06.06.04.html%5B/url%5D"&gt;http://www.economicprincipals.com/issues/06.06.04.html&lt;/a&gt;&lt;/p>

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<p>do you read laura joh rowland's books too? =)</p>