Fredric Woodbridge Wilson, curator of the Harvard Theatre Collection and resident of Watertown, Mass., died on May 15 of pancreatic cancer. He was 62.In his 13 years at Harvard, Wilson curated more than 40 exhibitions, many of which explored his favorite corner of theatrical history, 19th century British theater, including theatrical caricatures, pantomime, Toy Theater, and Gilbert and Sullivan operas, a subject in which he was widely considered an expert.Wilson was born in Point Pleasant, N.J., on Sept. 8, 1947. Raised on the Jersey shore, Wilson attended Lehigh University, initially as a physics major, but became the university’s first-ever music major, graduating in 1969. At Lehigh he developed a deep interest in choral music, and from there pursued a graduate degree in musicology at New York University, where he conducted several choirs.In 1981, Wilson was appointed to the staff of the Pierpont Morgan Library, now the Morgan Library and Museum, after having become a familiar presence there as a researcher in music and opera. At the Morgan Library, Wilson curated several exhibitions — most importantly a show in 1989 on the Gilbert and Sullivan operas that was one of the library’s largest exhibitions ever — before coming to Harvard. A week after taking his new position, Wilson was awarded a fellowship by the Guggenheim Foundation for research in the history of theatrical publishing.Wilson is the author of many books, including most recently, “The Theatrical World of Angus McBean” (2009). He lectured widely; was an active member of the Society of Printers, the Harvard Musical Association, the Old Cambridge Shakespeare Association, the Signet Society at Harvard, and the Senior Common Room of Lowell House; and was a proprietor of the Boston Athenaeum. At Harvard, he organized major symposia on the choreographer George Balanchine in 2004. His last (and largest) exhibition, which opened in April 2009, was a centenary celebration of Serge Diaghilev’s Ballets Russes.He is survived by a sister, Elaine Chapman Mazzara, a brother-in-law, Walter Mazzara, and two nieces. Arrangements are private.
Librarian of Congress Carla Hayden announced today that Danielle Allen, director of the Edmond J. Safra Center for Ethics and the James Bryant Conant University Professor at Harvard University, will receive the 2020 John W. Kluge Prize for Achievement in the Study of Humanity.Allen will collaborate with the Library on an initiative she has designed, titled “Our Common Purpose — A Campaign for Civic Strength at the Library of Congress.” It will include initiatives to engage schools, universities, political leaders, and the American public in efforts to promote civic engagement. As Allen has said, “Civic education is our common purpose.”“We are proud to honor Danielle Allen, a leading expert on justice, citizenship and democracy, with the Kluge Prize as she helps to lead a timely national conversation on how we find our common purpose,” Hayden said. “Now is an important moment to discuss ways we can all promote civic strength and engagement, which is at the core of our national culture.”Allen is the principal investigator of the Democratic Knowledge Project, a K-16 educational platform designed to identify and disseminate the knowledge and capacities required for democratic citizenship. She is also co-chair of a bipartisan commission, convened by the American Academy of Arts and Sciences, which on June 11 recommended 31 steps to strengthen American institutions and civic culture to help a nation in crisis emerge with a more resilient democracy.As a frequent public lecturer, contributing columnist for The Washington Post, and regular guest on public radio, she discusses issues of citizenship and policy. In her role as director of the E.J. Safra Center, Allen has spearheaded an initiative helping to guide the U.S. response to the COVID-19 pandemic.“I am deeply honored to be Dr. Hayden’s selection for the Kluge Prize and to be among the prestigious company of past winners,” Allen said. “I look forward to working with the Library of Congress in the coming months on Our Common — to promote civic education and engagement among Americans of all ages.”The Kluge Prize recognizes individuals whose outstanding scholarship in the humanities and social sciences has shaped public affairs and civil society. The international prize highlights the value of researchers who communicate beyond the scholarly community and have had a major impact on social and political issues. The prize comes with a $500,000 award. Additional funds from the Library’s Kluge endowment, which funds the award, are being invested in Kluge Center programming. Read Full Story
The debate over whether the asset management industry poses systemic risk is heating up after US lawmakers dismissed a report from the Office for Financial Research (OFR).In September 2013, the research body released a report, Asset Management and Financial Stability, which highlighted four potential vulnerabilities to the US financial system.The OFR was created in the wake of the financial crises and serves part of the US Treasury, responsible for providing research for the Financial Stability Oversight Council (FSOC).Its report warned that managers ”herding” into asset classes, in search of yield, could push up prices and magnify volatility. It said investment vehicles with unrestricted redemption rights also posed a threat, as did managers selling other assets to cover redemptions, leading to stress contagion in those assets.It also highlighted what it considered to be excessive leverage in the industry.However, according to a letter seen by the Reuters news agency and sent to Jack Lew, secretary to the US Treasury, a bi-partisan group of five Senators has rejected the study.The letter said the study mischaracterised the industry and could damage the credibility of the OFR and FSOC.It also requested the FSOC not to base any policy or regulation on the contents of the study, which they said relied on faulty information in places.Concerns over the asset management industry and what security measures – such as financial buffers – would mean have also been debated in Europe.Earlier this month, the Financial Stability Board (FSB), the international body set up after the 2009 G20 summit to monitor global financial systems, said it would consult with the industry regarding systemic risk.Its consultation focused of identifying which organisations were sufficiently large, complex and systemically connected to cause disruption to the wider system.The FSB said it would not currently designate any specific entities in the category.But it added that, once its methodology of identifying them was complete, it would develop policy measures.Tom Brown, partner in KPMG’s investment management practice, said the FSB’s proposal was still a long way from policy.However, he pointed out that the FSB and the US Treasury’s papers currently differed on what the target of said policies might be.The FSB’s rationale is more towards looking at systemic risk at fund level, with the OFR’s paper more inclined towards asset managers.Brown said: “Focusing on the funds seems sensible, as there is a principal/agent relationship between the fund and the manager, so the real economic exposure is at the fund level.“It’s intellectually flawed focusing on the manager. If there is systemic risk, it lies with the fund.”He said potential outcomes could be limitations on counterparty risk, leverage and concentration, but he argued that this was still unclear and would depend on fund size.Sheila Nicoll, financial services senior adviser at Ernst & Young, said the debate concerning systemic risk in asset management would continue.“If they do decide fund management activity can have a systemic impact, the remedies will not be the same as those for banking – capital is not necessarily the answer,” she said.
Jones has spent the bulk of his 12-year NFL career in Cincinnati. He joined the Broncos for seven games in 2018 before being released in November. Related News Dez Bryant on free agency: ‘I will be a steal wherever I go’ Cam Newton swears off sex for a month to become ‘mentally stronger’ Adam “Pacman” Jones’ latest fiasco will force him to serve some time behind bars.The former Bengals cornerback was arrested for cheating at the Rising Star Casino in Indiana last month. He agreed to a plea deal that will require him to spend 10 days in jail and restrain from drinking alcohol for 18 months, according to a report from TMZ Sports. The 35-year-old has lost the right to carry firearms or other dangerous weapons without the permission of his probation officer during this period. He has also been banned from the Casino.Jones faced several charges after the incident, including felony intimidation, felony battery against an officer and multiple misdemeanors. He is no stranger to run-ins with the law and has dealt with various legal issues in the past.