No, not that kind of hedge. Harvard lost $350 million by investing in a hedge fund. Maybe they thought the hedge fund would rake in the cash because it was run by a man who used to manage Harvard's foreign stock holdings. They were wrong. When Jeffrey Larson left the confines of Harvard to run his own firm, Harvard gave him a parting gift of $500 million. Larson lost the $350 from that and sold......

We'd like to start this week's run-down by wishing a very happy birthday to parent blog Gothamist, which turned four on Friday. If it wasn't for them, the rest of us wouldn't be here. They celebrated their birthday by nabbing an interview with Entourage star Adrian Grenier, who misses NYC public transportation when he's working in LA. They also reported on NYU students protesting a band whose name is also known as a slur,......

Before we begin, we'd like to extend our deepest sympathies to the family of James Kim. We are not, by any means, trying to discount that tragedy by juxtaposing posts about the Kims with more light-hearted posts. It's the nature of doing a compilation such as this one: we're trying to give a full slice of the goings-on in the Ist-a-Verse: the good, the bad, and the ugly. Londonist wants you to know where to......

The week starts out right when a sucker punch on the field lands Chicagoist in the middle of a Sox/Cubs throwdown and the fists continue to fly in the comments. Despite suburban resident Ms. Pinney's best little try no books will be banned anytime soon and the El is really really gross. Houstonist is there to start compiling the punditry when when the guilty, guilty Enron verdict comes down. This guy seems to be able......

DCist helps us make more sense of the world this week. Posts like this concert review are the reason for Scott Stapp. DCist also enumerates the reasons for playing ultimate frisbee, Condi's tight buns, their love of a local convenience store, and their jealousy of a person in Seattle calling the city. LAist documented graf artist Banksy's most recent visit to LA in one two three posts. They also found the best possible use......

This post was written by Seattlest editor Dan Gonsiorowski. "The Week in -ist" will run every week, typically on the weekend, but we're just getting the kinks worked out of this East-coast/West-coast thing. Earlier this week kissy couples were wading through roses and red tissue paper deeper than an east coast snow dump and singles shook a tiny, lonely fist (no ring!) at it all. 10, 9, 8, 7, 6, 5, 4, 3, 2, 1......