Jay O. Light, an expert in asset and risk management who has led the business school for the last three years, is one of at least three candidates being recruited as directors by the embattled bank.

Ben S. Bernanke spoke about the economic pressures created by high oil prices and inflation at his alma mater.

Speaking at Harvard, the Fed chairman also said price pressures today were not as bad as those in the 1970s.

Speaking at Harvard, the Fed chairman also said price pressures today were not as bad as those in the 1970s.

The chairman of the Federal Reserve told graduating seniors that expanding education opportunities would help curb the economic inequality that has increased considerably in the last 30 years.

Plans for 02138, a magazine for Harvard alumni, include expanding it into social networking and event sponsorship, and then duplicating the operation for each Ivy League school.