Andrei Shleifer, born Feb 20, 1961, Moscow. Professor of Economics at
Harvard University. His current classes:
Kids, this is just incredible:
"Andrei Shleifer headed a Harvard project under the auspices of the Harvard Institute for International Development (HIID) that invested U.S. government funds in the development of Russia's economy."
"In 1997, the U.S. Agency for International Development (USAID) canceled most of its funding for the Harvard project after investigations showed that top HIID officials Andre Schleifer and Johnathan Hay had used their positions and insider information to profit from investments in the Russian securities markets. Among other things, the Institute for a Law Based Economy (ILBE) was used to assist Schleifer's wife, Nancy Zimmerman, who operated a hedge fund which speculated in Russian bonds.
In August 2005, Harvard University, Shleifer and the Department of Justice reached an agreement under which the university paid $26.5 million to settle the five-year-old lawsuit. Shleifer was also responsible for paying $2 million worth of damages, though he did not admit any wrongdoing."
& despite of that he still teaches at Harvard. Who cares the dude is a criminal for he did so much for the New Keynesian economics!