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  • All HBS Web  (856)
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  • 01 Jun 2024
  • News

Crash Pad

When 4753 North Broadway opened in 1924, the neoclassical tower represented the height of American architectural design, a terra-cotta temple of capitalism at the heart of Chicago’s Uptown neighborhood. Over the next century, a series of View Details
Keywords: Amy Crawford; illustrations by Kathleen Fu; building coversion; housing crisis; innovation; real estate; Real Estate
  • 01 Oct 2002
  • News

Andrew H. Tisch

after he graduated from HBS, when Loews bought Bulova in 1979. “Although Bulova had a strong brand name,” he explains, “we soon realized it was losing out to its Japanese competitors in technology, styling, quality, marketing, and service.” With debt totaling $50... View Details
  • 01 Sep 2015
  • News

Research Brief: Bankruptcy as a Better—Not Bitter—End

Are big banks using bankruptcy as a bullying tactic? A recent report by the American Bankruptcy Institute suggested that a longtime—and increasingly popular—mechanism in the US code that allows for expedited, less-democratic asset sales... View Details
Keywords: Erin Peterson
  • 01 Sep 2009
  • News

Consumer Finance Makes HBS Debut

our curriculum. Was HBS alone in not offering a consumer finance course? No. I surveyed the top twenty MBA programs in America and the top five in Europe. While some offer banking courses, and others offer behavioral courses, none had a... View Details
Keywords: Roger Thompson; Colleges, Universities, and Professional Schools; Educational Services; Finance
  • 04 Sep 2019
  • News

The School that Donham Built

campus on the banks of the Charles. “Dean Donham was an extraordinarily innovative and productive leader,” says Dean Nitin Nohria. “Many iconic HBS elements—including our mission, residential campus, case method teaching, the Harvard... View Details
Keywords: Deborah Blagg
  • 01 Mar 2010
  • News

Rx for Too Big to Fail

institutions existed even before the repeal of Glass-Steagall in 1999. The truth is, large financial institutions are probably an unavoidable feature of modern life. Even many of the most ardent opponents of big banks favor the creation... View Details
Keywords: David Moss; Colleges, Universities, and Professional Schools; Educational Services; Finance; Administration of Economic Programs; Government
  • 01 Mar 2018
  • News

Can a Digital Platform Open Up the Opaque Metals Industry?

20th century at best, if not the first half of the 20th century,” Eykher says. To address the issue of trust, the Open Mineral team verifies the identity of every member and only accepts companies with a good history; they require transactions to be supported by... View Details
Keywords: Nicole Torres
  • 01 Dec 2009
  • News

Seven Honored with Alumni Achievement Award

Yellowstone. What’s your proudest achievement? Being willing and able to make tough decisions during the credit crisis that, although not perfect, I believe were largely correct. When are you most relaxed? When I’m saltwater fly-fishing.... View Details
Keywords: Susan Young; awards; fishing; Funds, Trusts, and Other Financial Vehicles; Finance; Beverage and Tobacco Product Manufacturing; Manufacturing; General Merchandise Stores; Retail Trade
  • 01 Mar 2006
  • News

The Little Ice-Cream Company That Could

friend persuaded him to apply to HBS, where he arrived in the fall of 1966, newly married and with a razor-thin bank account. “When the oilman came to the door with the bill after filling the tank, we’d hide in the closet,” he recalls.... View Details
Keywords: Roger Thompson; Food Manufacturing; Manufacturing
  • 16 Jan 2018
  • News

Celebrating the Impact of Nonprofits

place during the day, between 10 a.m. and 2 or 3 p.m. and we try to mix a bit of business education with every activity.” Past activities have included a private tour of the Federal Reserve Bank with a discussion with executives, a lunch... View Details
Keywords: Margie Kelley
  • 01 Dec 2009
  • News

Hope for Reform Dims

declared. “That caused the credit markets worldwide to seize up. The system went into a state of shock.” With Lehman’s abrupt demise, Thain suddenly faced the possibility that his own troubled firm, Merrill Lynch, could be next. “To... View Details
Keywords: Securities, Commodities, and Other Financial Investments; Finance; Administration of Economic Programs; Government
  • 01 Jun 2010
  • News

M.I.A. Boards

September 2008, just one of its ten non-executive directors had any recent banking experience. He had joined the board five months before Lehman went bust. The backgrounds of Lehman’s independent directors were hardly suited to overseeing... View Details
Keywords: John Gillespie;David Zweig; Finance
  • 01 Jun 2024
  • News

Outside Voices

In just 15 years, Greece managed to seesaw from one economic extreme to the other, from almost breaking the eurozone at the depth of its debt crisis to becoming one of the fastest growing economies in Europe in 2023, according to the IMF. Now wages are rebounding,... View Details
Keywords: Jen McFarland Flint; illustration by Pete Ryan; immigration; repatriation; innovation; public policy; Greece
  • 25 Aug 2022
  • News

The Exchange: The Road Ahead for Crypto

tolerant. And it reduces your need to place trust in any individual centralized institution. In bitcoin, people submit transactions to the system, just like you might tell your credit card company to send money to a merchant. All the... View Details
Keywords: Jen McFarland Flint; Securities, Commodities, and Other Financial Investments; Finance
  • 01 Dec 2011
  • News

A Modest Tax Proposal

corporations from using their foreign profits to build facilities in the United States. Business interests are calling for a so-called tax holiday, in which American corporations would be allowed to transfer their foreign profits to their American View Details
Keywords: Robert C. Pozen; tax holidays
  • 22 Feb 2022
  • News

An Rx for Small Business Recovery

PPP’s forgivable loans were a lifeline for many small businesses. But banks often prioritized larger, established clients, while the smallest and most vulnerable businesses had trouble accessing funds. “Fintech companies really stepped up... View Details
Keywords: Deborah Blagg
  • 01 Mar 2009
  • News

Just Keep Our Money

preparers at H&R Block, banks, and credit unions has worked to determine the appeal when people are offered the opportunity to instantly direct a portion of their tax refund to savings. We have found, after working with about 25,000... View Details
Keywords: Peter Tufano; Funds, Trusts, and Other Financial Vehicles; Finance; Administration of Economic Programs; Government
  • 28 Sep 2021
  • News

Alumni Connections Drive Career Opportunities for Students

secured an internship in banking and equity research, and in his junior year, he did a banking internship, both times at Credit Suisse. After graduation, Westphal spent two... View Details
Keywords: Becca Carnahan
  • 01 Jun 2024
  • News

Action Plan: Role-Play

When you encounter the phrase private investigator, chances are good the character you conjure up in your mind doesn’t resemble Sarah Carson (MBA 1971). So much the better for Carson, whose work has often required convincing people she was a small-business employee... View Details
Keywords: Christine Speer Lejeune; photo by Christina Gandolfo; detective; private investigator; undercover; acting
  • 01 Dec 2012
  • News

The Accidental Pioneers

Sherwood came to HBS with the aim of being a securities analyst on Wall Street, but she graduated without a job offer. "I guess I picked the stodgiest firms to interview with, and Wall Street wasn't very open to women at the time," she says. A family friend in... View Details
Keywords: Hanna, Julia
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