Harvard’s Hasty Pudding Club is on the ropes. “In fact, the Pudding has been going broke since at least 1986, when the club sold the land under the theater to Harvard for back taxes and agreed to pay rent to the World’s Greatest University. The Pudding, as the old joke goes, has been getting a little behind in the rent – $480,000 behind. The university plans to take over the building Aug. 31, and what happens next is anyone’s guess.” – San Jose Mercury News