July 9, 2004
Judge Rules Against Harvard Professor
A Harvard University professor and a former Harvard employee "conspired to defraud" the U.S. government when they invested in Russian companies while leading a government-backed program aimed at building a capitalist economy in Russia, a federal judge ruled last week.
Andrei Shleifer, a Harvard economics professor, headed the program from Cambridge, Mass., and Jonathan Hay led its office in Moscow. The program, part of the Harvard Institute for International Development, was financed
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