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To: combjelly who wrote (157555)	2/4/2002 8:56:14 AM
From: GVTucker	Read Replies (3) \| Respond to of 186894

combjelly, RE: After reading the article, they think there is the possibility of insider trading. Closing your eyes to violations of the law just because you might have benefited doesn't fit my idea of how things should be done. But I guess you are different. And, hey, that is your choice. But I don't want you influencing my kids. The students think there is the possibility of insider trading for two reasons: first, a member of the board of Harvard is also a member of the board of Enron. Second, a money manager hired to manage a small piece of the Harvard endowment invested a piece of that money in a short position in Enron and profited from that position. If you seriously think that warrants an investigation, then I guess that you realize that Harvard really needs to create an entire department for this kind of investigation, because there would need to be hundreds of investigations. Let's just look at one person, James Cash. He's at the business school there, has been for a few decades. He's on the Board of Directors of Microsoft, GE, Winstar, Chubb, Cambridge Technology, Knight Ridder, State Street, and Tandy. I would bet you that of the many managers of Harvard's endowment, someone profited from an investment in each and every one of those companies. Using your logic, an investigation in each case would be warranted. Of course, Dr. Cash is one of the most honorable people around and it would be truly silly of him to relay insider information, but don't let that stop you. Investigate away. My whole point is that these kids don't have any idea about what they're doing, and demanding an investigation like this is silly. If you want to teach your kids that there are violations of the law even though there is no evidence, go ahead. If you want to teach your kids that utter wastes of time are valuable investments, go ahead. But please don't influence my kids.