Having Said That I wouldn't be surprised if the Harvard top brass tried to keep secret the details of the Shleifer settlement. But the symbolism of Shleifer's remaining presence at Harvard is urgent and awkward. Here's a man who likely broke the law—and more importantly, cynically exploited the opportunity to promote democracy abroad for personal financial gain.

Regardless of whether Shleifer has admitted to breaking the law, is there really a place on the Harvard faculty for such a figure?

What does Larry Summers think?

If, say, Shleifer were an outspoken, liberal, African-American professor—and not one of Summers' closest friends—would there be any doubt? No. He'd be gone.  ¶ 6:26 AM