Then, a fellow with a trendy, exotic name was hired to run the finance operation … Mohamed El-Erian. His tenure was relatively successful, but he got fed up with dealing with the Harvard aristocracy and quit after two years. He was replaced by Jane Mendillo, whom colleagues describe as pleasant and hard-working, which is like describing a blind date as having a nice personality.

Utopianism:

Also, part of the scheme, vast public works projects to create a liberal Utopia.

[i]The university’s master plan called for a “seminal” transformation of 220 acres in Allston over the next 50 years: in place of broken pavement and abandoned warehouses, Harvard would build new walkways and bi...

Then, a fellow with a trendy, exotic name was hired to run the finance operation … Mohamed El-Erian. His tenure was relatively successful, but he got fed up with dealing with the Harvard aristocracy and quit after two years. He was replaced by Jane Mendillo, whom colleagues describe as pleasant and hard-working, which is like describing a blind date as having a nice personality.

Utopianism:

Also, part of the scheme, vast public works projects to create a liberal Utopia.

The university’s master plan called for a “seminal” transformation of 220 acres in Allston over the next 50 years: in place of broken pavement and abandoned warehouses, Harvard would build new walkways and bicycle lanes. A paved piazza would be surrounded by theaters and museums. A new pedestrian bridge would span the Charles River. Here and there, landscapers would plant abundant, well-tended gardens. Small, charming shops would be adjacent to outdoor cafés. All that and more was the Utopian plan.

What they have to show for that effort is a $1.2 Billion hole in the ground that was to be the foundation of a … wait for it … a stem cell research laboratory. But because of their horrific financial mismanagement, they only have enough money to fill in the foundation with concrete to keep mud from collapsing the walls. Makes one wonder what will come of all this “Stimulus” spending.

The architect of this failed liberal utopia? Former Harvard President Larry Summers, who now heads the National Economic Council under Barack Obama.

Those who taught the government elites that claim they can run health care at peak efficiency and with savings to the economy seem to have lavishly spent and expa...

What they have to show for that effort is a $1.2 Billion hole in the ground that was to be the foundation of a … wait for it … a stem cell research laboratory. But because of their horrific financial mismanagement, they only have enough money to fill in the foundation with concrete to keep mud from collapsing the walls. Makes one wonder what will come of all this “Stimulus” spending.

The architect of this failed liberal utopia? Former Harvard President Larry Summers, who now heads the National Economic Council under Barack Obama.

Those who taught the government elites that claim they can run health care at peak efficiency and with savings to the economy seem to have lavishly spent and expanded themselves into too much debt with no way to pay for it. Their acolytes who hold the levers of power in Washington are spreading the hubris, political correctness, and utopianism that failed at Harvard onto a nationwide canvas.
Rich Harvard, Poor Harvard

http://www.vanityfair.com/politics/features/2009/08/harvard200908?currentPage=1