Thursday, January 30, 2014

Bloomberg: Harvard agent detained for shafting Harvard in purchase of forest land.

Bloomberg, earlier today, at http://www.bloomberg.com/news/2014-01-29/harvard-overpaid-for-timber-as-romanian-agent-held-for-bribery.html#disqus_thread, has given a report on the Romanian agent of Harvard detained for bribery. This report has much more detail than my recent report. The content is not changed from the prior report, but the emphasis is quite a bit different.

My prior report was published at http://charlesriverwhitegeeseblog.blogspot.com/2014/01/harvard-manager-detained-in-romania-for.html.

While clearly stated in both reports, it must be emphasized that the victim in this matter is Harvard University through its related company.

The Bloomberg article is an excellent write up.

The article provides strikingly good detail, especially the latter parts, in going into the Harvard timber investment.