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tv   Nightly Business Report  PBS  January 16, 2012 4:30pm-5:00pm PST

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@reportno: c woremec n 2in leads rec 2 harvard yard isity was óvpafobvun noworl@dwide nopanebv 500@noc r. c 2but for most of its histor harvard has been a m nopa 1970s.óvpabv@pabv@ c reeno female president. her name is drew gilóv tim, i'm2
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>>úv spausbvie: the response wúj as enthusiastic on a hisúvpabv@d @noc rec 2úvpabv@úvpabv@noc reh2 president úvofpa hbvarva pabv>> sus@ie: bunot c itre 2ong for a repbv@noc rec c 2mean to be the university's úvofpa hbvi'm the president of @
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@arvard.úvpabv c re(c susie: faust learned sh2 in cambridge. members of the uni úvpabv@no pathbve avpa wavas @soberenod.c re@noc rec 2 i thought i just have given thr2 my life.>> susie: did you ever o if youbv nowac s resic x 2years 20noc rec 2 >> and harvardavpabv noc rec 2 avwhpay bvdid yo@u wa2 it is a place brimavmiion.avpab@ university has drawn tavanpad be 2noc rec
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c 2 avpabvcludinavg pajobvhn ada@ms roosevelt, f.dbv@noc rec 2noc r2 court justicesatest nobel prizea were announc pabvhad st@udie.bvpabv@noc rec @ students, faculty and alumniorae occasion.bvpabvident of harvardo >> tbv@noc rec 2 c reormers.no >> susie: on this nigh
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2>> power here is negotiated and not a it is a ve pabvronment in mancv cvpabv@noc re@noc rec 2 foc rec 2ans of harvard'sdvpabv papabv@dv @enjoyenod c a relec ve2 almost unheard of at other@noc , which means fa many of her quic ability to persu dvpadebvmand her secret, she says, lidvstpae@ rec >>2 becauno uc ndreerc st2aa them tdvpabv@ @noc rec 2he elemedvpabv@noc re2 or respo you to pdvem or drag them tou nv
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household, too.i think she realn against her.fvpabv always trying to foist games or@ would pabv@ rec e.2 l beat robert e. lee.noc rec 2 gv i would be some youn and assertive.gv >> the men in the family were ., other gvpabvld thingsgvpabv notoc gerehe most competent.bvad gvunpafa even as a yogvpabv@nooughts onpd
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and i am white. segregation. pabvwhy di@gvhvpabv@noecause is2 segregated, whites were kept ap@ pabvght, "hey, evehv @schonoolc couldn't come to my school."noc2 fair >> faust was hvpa at the eisenhower hvpabv@noc rec 2 wasno pc roreu@ c 2abv@noc rethis very dramatic2
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clearly now?hvpabvpeak out in tt hv an@d haveno" faust headed north to attendnoc2 concall-girls school.iv >> it was itivpabv@cord academy aek befiv ivpabv@noc rec 2 seemedre wasren >> susie: at c@noc rec 2 elected student body then it was on bvny men in her family attivpa 2n for drew.privinpacebvton di@2 pabvadelphia, where shewas agaiv
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@in tnobv@noc rec 2noc rec 2my n yeivpabvmy thenjvpabv@have speak out and not say, 'we caret weren't you scared? i wajvs pavebvry sbut somehow, 2 have to do this." @> susie: after jvgrpaadbv fausv pabvand be@came ano pc rorefec 2 university of pe@noc rec 2e wonv regajvpabv@noc out@noc rec 2
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at penrec 2 2ujvpabvjvpabv@noc reor.i wa@nt and when i was asked t therom mv scholarship, i said, "no, kvpabo >> susie: but in 200pabv@noc ree kving transformed into a thinkov ta@v gendkvpabv@noc re kvpabv mattered a lot for thereo bvplac@e of wnopa wbvas@noc rec2 school.noc rec 2
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kv had thyroid cancer in kvpa19bv99.@ noc i... i thiyokvu pathbvink, @ 2>> susie arrived in cambridgeregoc t 2a y ( applause )lvpabv >> llvpabv@no c 2oved by tpabv@noc rec 2noc re >> susie: elia recently, managing editor of t "harva student newspaper.lv somy means nece >> suslvpabv vision was a univ@ersityno'sc freooc tp2rinw allston.noc rec 2 it i state-of-the-artsity was able tv
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c repasibvng end@owmelvgepabv@no presence fbut his opinionated ah style, eventually lalvpabvmvpab2 the is2 for the hard sciences. soon after, harvard's nd science bv was gmvonpaebv@noc bv@noc rea new president.noc rec 2 been chosen.mvpabvmvpabv@mvpabv2 2oc rec in business.mvpabv@mvpav
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capacity. she's got it.nvpa >> susie: bill lee identified c repaosbve same@ quanvpabv@noco based law 2presidential search . >> wnvpabv character, an innvpabv@noc regee confident that bveat presidnvpa 2vpapebvrsonal@ity annod c @noc that time in its hc rec 2
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ion, but when global marketspv 2 pabv>> a l@ot of nopec oprelec 2 thought thnoc rec 2it would be immune, a problem, because we pv >>pv spausbvie: $1 c rewmenpvpabv@noc rec @no the bond m2dkly about interest e swaps, leverage,pvpabv robert rpvpabv@noc bv@noc rec 2y noc rec 2
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today, governing board,d corporation.p@ nomensions of what spvpabv@ c @noc rec 22 did, but she also intereant. to makem c an2d then she was able to wory qvpaicqvpabvwith others in the n @to gqv bv>> s@usie: nootc herer c un2 chose to holet@ cuts,no hc opret wouled to dramatica pabvand fa@qv @the nocrc is faust's favor, a@noc rec 2reorcl professor and one ing experts oe qvpabvqvpabv@no
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been verbv@noc rec 2d the instin noc rec 2 and... and then secondly,qvpabv@ decisirvpabv@noc regetting bran2 summc 2 sis was unusuallyrvpabv@noood a2 >> susnoc rec 2 unprecedente harvard's governing she decirvpabv@ noc key expertise would b neert re no she doubled the n@ 2 2trustees, rec 27 predecessors ever d try. rvpabv bvcorpor@ation noinc aremec ri2
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today, it's a $3.7 billionrvrvp2 person corporation cou@noc rec v an obligation to thation makes no v >> susie: another big larry svs2 noc rec 2longer afford it and hd >>sv it was a hard decisisvpabv@on as a symsvpabv@noc rec progress and science.@noc rec 2t noltibillion dollar companies.s@
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c 2le c.e.o., and c rei c th2ink our-- c.e.o.s tht svy very impressed; i nos,c yreouc s2ee harvardcome2 tvpabv tvpabv@noc >> well, harvard has bpabv@noc 2 and it to have women educated in thetv. tvpabv@noc rec @noc rec 2e, who2 president of radcliffe college tvbepacabvuse we capable of bein
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pabvin jus@t the no so she's a kind of pionetvpabv@o the future keeping the c oversity at the cell researce 2and technolo why is that so imporc 2ology are obviouslt century,uvpabv to making a difference in uvpabv @sustnoaic nareblc e 2planetc r2 >> s uvown for departments ndently.fh gr@eater no bv@noc rec 2success depends on 2
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you get, t an even uvpa accomplish what we wuvpabv@in r. bv>> s@usie: nostc udreenc fromn c 2oblems, find cures for diseases, and advancco >> i'm now ivvpabv@noc rec 2 vvpabvhave been ablepersvvonpa l these means across t extraordinary vvpa vvpabv@noc revpabv@ rec think she's doing@noc 2 thc when she became the presids dow,
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repabv@noc as ever confronted,p c 2 competitive and a glnoc rec 2 vvted,rm," isaying, "thanks, b t pabvshe's @embrwvthpaebv@noc ree that 50 today. that'swvwvpabv@ >> susie: when the har wvpahibvstory @book inos bered r making harvard understand thatn2 newvpabv >> sus were namewvdpabv@ident ov c 2hc atre dc o 2yong the firste woman to run t prestigious and powerful university in th>> she wouldwv p she would have been prouwvpabv@e
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especially proud because i w@no2 bvsnveryone's world.wvpabvport"a @noc bv@noc rec 2c rec 2xvpabvxv @ y access.wgbh.orgxvpabv@noc rec @v
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