Word: acceptables
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...might argue that given GM's troubled state, the market value of the bonds is not $27 billion but more like $3 billion. But if you accept that troubled-debtor logic, then it's only fair to apply the same logic to the money owed by Chrysler to the UAW's VEBA - so its chips should be marked down as well. (In fact, by law the VEBA's IOU is junior to the bondholders' IOU.) Thus, the VEBA's IOU should not translate into a 39% equity stake but a small sliver of that. (Read about Detroit's attempts...
...year, is the most exclusive in the country. Behind this machine are 70 people—from Dean William R. Fitzsimmons ’67 to recent alumni to current Harvard students—who together determine the fate of each applicant, with only 7 percent receiving the coveted acceptance letter earlier this month.THROUGH THE MACHINE Once students click “send” on their computers or drop their applications into the mailbox, Anderson’s work begins. Physical and electronic versions of applications arrive in the basement of 86 Brattle Street, where Anderson leads a team...
...They were very warm and welcoming, but it was a little awkward because I didn’t know if they would accept me right away,” Resendes recalls. “I don’t fit with the baseball player mold...
Associate Dean of Student Life and Activities Judith H. Kidd will accept the administration’s retirement incentive package and retire from her post this summer, Kidd confirmed to The Crimson yesterday. “It was a very difficult choice to make, and I suspect it would always be difficult to leave,” Kidd said. The retirement plan, announced earlier this semester as a cost-cutting measure, allows staff members over 55 years of age with at least 10 years of service as of June 30 to voluntarily choose early retirement. During the six years since...
...xenophobic attitudes towards and negative stereotyping of non-citizens.” Further passages in the document excoriate states that discriminate against immigrants, whether legal or not. This anti-nationalistic, pro-globalization sentiment is fraught with problems, particularly as the UN cannot possibly enforce or even evaluate whether states accept large amounts of immigrants and whether their immigration policies are liberal. There were further resolutions promoting democracy and multiculturalism and resolutions against assimilation and nationalism. The conference’s resolutions were generally naïve and impractical, even when they were clearly articulated...