Word: accounting
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Most company budgets and some prepared by governments have a place to park unidentified expenses. Those amounts are a hedge against unexpected needs for capital, and are often called "rainy day" funds. Budgeting purists and accountants object to these rogue figures because, in their disciplines there is no such thing as an unaccounted for account...
...apparently failed to take into account the numerous flaws in its acquisition plan, which undermine the entire endeavor. This past Tuesday, less than three weeks before the end of exams, all Harvard undergraduates received “personal” e-mails soliciting their services as paid fundraisers for the capital campaign the UC will launch over the summer to raise approximately $6 million in no fewer than 16 months. Given the scope of the project and the current economic climate, this lofty goal seems highly unrealistic. However, anything shy of this target will likely be insufficient to complete...
...With oil refineries targeted as the point of control for vehicular sources of warming gases, Texans are fighting for the same concessions as other energy-intensive industries. A proposal that renewable resources account for 25% of electricity by 2025 has upset Southerners, who lack the solar and geothermal energy of other regions. They are seeking credit for nuclear and hydroelectric power more plentiful in their part of the country...
...present, government lawyers have drafted agreements with 10 private social-networking companies. (The tailored agreements take into account certain federal privacy statutes and require that disputes be settled in federal court, not state courts.) Six other private-sector products, including iTunes, are being considered for further expansion, potentially clearing the way for easy iPod downloads of Obama Administration messages...
...some agencies, like the White House, other considerations had to be taken into account. To comply with the Presidential Records Act, every Twitter and Facebook posting, for instance, generates an e-mail record that can be stored with other records. Citizen responses to the White House postings are also sampled and archived for the sake of history. On Monday, to coincide with the announcement of a crackdown on corporate overseas tax havens, the White House Twitter feed asked followers - who now number more than 40,000 - for their reaction. Jason Furman, deputy director of the White House National Economic Council...