The Harvard Crimson THE UNIVERSITY DAILY, EST. 1873 | VOLUME CXLVII NO. 7 | CAMBRIDGE, MASSACHUSETTS | FRIDAY, JANUARY 31, 2020
EDITORIAL PAGE 6
NEWS PAGE 8
SPORTS PAGE 10
The Harvard Forward petition is an embodiment of optimal governance.
Central Kitchen is closing. A marijuana dispensary is opening.
Harvard and Northeastern are preparing for their Beanpot duel.
Chemistry Chair Lieber’s Bail Set For $1 Mil. Harvard Forward Seeks Change was escorted in and out of court by United States Marshals at Thursday’s hearing. His bail must be delivered by next Thursday, per U.S. District Court of Massachusetts judge Marianne B. Bowler. Bowler also required Lieber and his wife, Jennifer Lieber — who is co-signing the bond — to surrender their passports. She barred them from applying new travel documents. Bowler said during the hearing that she gave “considerable thought” to the final bail agreement, which she had already once denied on Tuesday after prosecutors labelled Lieber a “serious flight risk.” Prosecutors initially asked Thursday that Lieber’s bail be set at $1.5 million, requesting that his Lexington, Mass. home be used as collateral. Bowler said she decided not
By CAMILLE G. CALDERA CRIMSON STAFF WRITER
Harvard Chemistry Department Chair Charles M. Lieber, center, leaves the John Joseph Moakley United States Courthouse in Boston after a bail hearing on Thursday afternoon,. CAMILLE G. CALDERA—CRIMSON PHOTOGRAPHER
Event Honors García Peña
A look inside the Harvard University Police Department.
By EMA R. SCHUMER CRIMSON STAFF WRITER
To an outsider, working at the Harvard University Police Department is a dream job. Joining the force offers generous benefits, flexible hours, a vibrant work environment, and the opportunity to represent a prestigious institution. When former Harvard police officer George F. Pierce took a job at the department in 2002, he believed that dream. Born and raised in Cambridge, he said he was proud to enter Harvard’s gates. Two decades later, Pierce no longer believes serving as a HUPD offi-
By JESSICA LEE and CHRISTINA T. PHAM CRIMSON STAFF WRITERS
SEE SYMPOSIUM PAGE 9 INSIDE THIS ISSUE
Harvard Today 2
SEE BAIL PAGE 8
The Old Boys’ Network
García Peña honored for her work and legacy in Ethnic Studies
Harvard faculty, students, and visiting scholars crowded into the Barker Center’s Thompson Room Thursday to attend “The Legacy of Dominicanidad: A Symposium on the Work of Lorgia García Peña,” a daylong panel hosted by the Warren Center for Studies in American History. In accordance with the Warren Center’s 2019-2020 theme, “Past, Present, and Future of Ethnic Studies,” the symposium aimed to honor Romance Languages and Literatures associate professor Lorgia García Peña’s work in Latinx studies and to advocate for an expansion of ethnic studies at Harvard. Soon after the event began at 9 a.m., a sign outside the room indicated it was at full capacity. Attendees unable to claim a seat squeezed together on the couches bordering the room or sat on the floor. Nicole M. Guidotti-Hernández, a visiting scholar at the Warren Center, described this year’s theme as a “really important milestone” in the history of ethnic studies. “The Warren Center wanted to have a structured conversation about it as a year-long set of programs and as an intellectual project,” she said. The morning panel focused on García Peña’s scholarship and contribution to the advancement of ethnic studies at Harvard and beyond. Panelists praised García Peña’s 2016 book, “The Borders of Dominicanidad: Race, Nation, and Archives of Contradiction,” which explores the ways well-known histories have drawn racial borders between Haiti, the Dominican Republic, and the United States. Harvard Divinity School and African and African-American Studies Professor Cornel R. West ’74, a member of the panel, praised the “historical timing” of García Peña’s book. “Your work is even more pioneering in the sense that it comes on the wave of this magnificent, sophisticated
A federal judge set bail for Harvard Chemistry department chair Charles M. Lieber — who is charged with concealing funding he received from the Chinese government — at $1 million in cash in a hearing Thursday afternoon. Lieber — a renowned nanoscientist who holds the esteemed title of University Professor at Harvard — was arrested on Tuesday morning and charged with lying to federal investigators about his involvement with China’s Thousand Talents Plan, a program initiated in 2008 to attract overseas researchers. The plan was labelled as a national security and economic threat by United States Senate committees. Lieber, handcuffed behind his back in an orange jumpsuit,
cer is the perfect assignment. Earlier this month, he retired at 62 years old. In 2011, Pierce filed a since-settled civil lawsuit against Harvard and the chief of its police department, Francis D. “Bud” Riley, alleging HUPD leadership discriminated against him because he is black. He also filed complaints with the Massachusetts Commission Against Discrimination in 2008, 2009, and 2012. In both the MCAD filings and the suit, Pierce alleged the department denied him promotions and scrutinized his actions
SEE HUPD PAGE 4-5
MARGOT E. SHANG—CRIMSON DESIGNER
By MICHELLE G. KURILLA and RUOQI ZHANG CRIMSON STAFF WRITERS
his year’s election for the T Board of Overseers — scheduled for April 1 to May 19 — has brought a slate of young alumni campaigning for a chance to compete for a spot on Harvard’s second highest governing body. Harvard Forward — a student and alumni group working to bring attention to climate change and recent alumni representation within Harvard’s governance boards — began its campaign in October 2019. The group is campaigning in over 50 cities around the world in its bid to get five recent graduates from Harvard College, Harvard Law School, Harvard Kennedy School, and the Harvard School of Public Health on the ballot. Though Harvard Forward endorsed its own Overseer candidates in October, Harvard did not nominate any of the group’s endorsed Overseer candidates to the ballot this month. Nevertheless, a candidate can still make it onto the ballot by submitting a petition with 2,936 alumni signatures — one percent of eligible voters — by Feb. 1. Harvard Forward’s platform argues that the University should divest all assets from fossil fuels, reserve 20 percent of seats on the Board of Overseers for recent graduates, and develop more transparent investment guidelines, according to its website. The group has also voiced support for Harvard Graduate Students Union-United Automobile Workers, which is currently negotiating with the University for its first contract after a nearly four-week-long strike in December 2019. Harvard has repeatedly declined to divest its endowment and all assets from fossil fuels despite increasing calls to do so from students, alumni,
SEE FORWARD PAGE 7
Still Too Soon to Judge HMC’s FiveYear Plan Performance, Experts Say By CAMILLE G. CALDERA and ELLEN M. BURSTEIN CRIMSON STAFF WRITERS
Despite declining endowment returns since current Harvard Management Company CEO N.P. “Narv” Narvekar began his tenure, experts say the recent performance figures are not necessarily indicative of his success in the role. Nearly three years ago, Narvekar announced a fiveyear plan to overhaul the internal structure of the University’s investment-management arm. The primary changes that Narvekar outlined in the plan included shifting from a unique “hybrid” investment model — one in which HMC retained a large internal staff in addition to hiring outside money managers — to relying more heavily on external firms, a practice consistent with many other university endowments. The plan also included laying off about half of HMC’s then-230-person staff. Narvekar planned to pursue a broader investment strategy that involves less “silo investing” — in which employees specialize in various asset classes — and move to a “generalist” model where employees focus
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on overall endowment performance. “Major change is never easy and will require an extended period of time to bear fruit,” Narvekar wrote in a letter to Harvard affiliates at the time. Since then, HMC has reported three years of returns. In 2017, the endowment grew by 8.1 percent, which Narvekar called “disappointing” and “a symptom of deep structural problems at HMC.” In 2018, the endowment saw a 10.1 percent return, followed by a more modest growth figure of 6.5 percent in 2019. Although returns on Harvard’s endowment — the largest of any university in the world — have lagged behind most of its Ivy League peers under Narvekar’s stewardship, experts say it is still too early to tell whether or not this performance is indicative of ineffective strategy at HMC. Rutgers Business School professor John M. Longo — the Chief Investment Officer and Portfolio Manager for wealth-management firm Beacon Trust — cautioned against using endowment returns alone to judge recent changes at HMC.
Sports 10
“It is true that, given the data, the performance has lagged,” Longo said. “Someone might just look at the numbers and say the performance is lagging, but then you have to say, what kind of risk did they take?” In his Jan. 2017 letter, Narvekar said that mitigating overall risk was a priority for HMC leadership. “I should emphasize that our goal is risk-adjusted returns, not simply returns,” he wrote in the letter. “Coming into 2007/2008 there was an arms race among the endowments to take on more and more risk, and many endowments, including Harvard, paid a severe price.” Longo also emphasized that looking at recent returns is not sufficient evidence to assess Narvekar’s impact. “Some of these assets are legacy assets which means that they had a long term commitment before Mr. Narvekar took over the portfolio,” Longo said. “You need to kind of give those investments a chance to get out of the portfolio before appropriately measuring the performance.” The situation is further
TODAY’S FORECAST
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The Harvard Management Company manages Harvard’s endowment and related financial holdings.. STEVE S. LI—CRIMSON PHOTOGRAPHER
PARTLY SUNNY High: 45 Low: 33
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I meditated