Highfields was established by a Harvard Management employee and is reported in Harvard’s tax return to be its largest vendor, paid approximately $30MM in one year.

Enron's former CEO, Jeff Skilling, is a former partner of Ron Daniels, Harvard's Treasurer who manages Harvard Management. Pug Winokur was a member of the Harvard Corporation while serving as Enron’s Finance Chairman and has intimate dealings with Harvard Endowment though the investment activities of Pug’s company, Capricorn Holdings that co-invests with Harvard. Whether or not Harvard Endowment is an
investor in any of Capricorn’s investment partnerships is a question that cries out for some sunshine.

Harvard Watch’s report illuminated Pug Winokur “yah-yah” in a most gracious and complete way. Subsequently, Winokur “resigned” from the Harvard Corporation. Harvard’s President Summers is also implicated in Enron fraud as well as $3.3 trillion of missing money and gold manipulations at the U.S. Treasury and questionable “privatisations” in Russia and elsewhere. Not surprisingly Summers said goodbye to Winokur through the press in a manner that was cool to say the least.[3]
Syndicate players like Harvard Endowment need quiet frauds that do not threaten their tax exemption or their “brand”. Their need for quiet is an opportunity to use illumination to get our money back. Harvard Watch has demonstrated what one small group of volunteers can do. Imagine the cumulative effect of many such groups?

We are in an election year. We have an unprecedented opportunity to insist that our elected officials get our money back. Under the governing laws, including money laundering, fraud and RICO statutes, that money belongs to consumers in places like California and India, various pension beneficiaries and the taxpayers before it belongs to Pug and his pals.