Word: actioneers
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...discuss investment strategies or individual investments.” Several Boston-area hedge funds that received substantial initial investments from Harvard—including ex-HMC chief Jack R. Meyer’s Convexity Capital Management—also declined to comment at the time on any action HMC may be taking to sell investments it has with them. Private equity has traditionally been one of the best-performing asset classes for Harvard’s endowment, earning an annualized return of 28.5 percent over the past 10 years and posting a 9.3 percent gain in fiscal year 2008, beating...
...States Constitution to legislate popular morality, Prohibition, is also the only one to be repealed. Drinking is now accepted by a majority of Americans, and judging by statutory initiatives passed in Massachusetts and Michigan on Tuesday, marijuana isn’t too far off. While abortion, stem cells, affirmative action, and gay marriage are currently some of the most controversial issues facing the republic, there is frankly no reason to assume that in 50 years they will be seen as any more important than stormwater control financing...
...Besides Missouri, a handful of other states considered constitutional amendments relevant to current political dialogue. Colorado voted on an amendment that would protect life from the moment of fertilization, as well as one that would ban affirmative action (both failed). California rejected an amendment proposing abortion limits but passed one banning gay marriage. Florida and Arizona, likewise, constitutionally banned gay marriage. Nebraska passed a constitutional ban on affirmative action, and Michigan approved an amendment allowing stem cell research. Arkansas, with a 57 percent majority, made it constitutionally illegal for a gay couple to adopt children. Regardless of your personal beliefs...
...free from the yoke of a campaign, McCain doesn't have to worry about making anyone happy. He is not temperamentally suited to stasis; he would probably not find fulfillment in constantly blocking Democratic legislation as a member of the implacable opposition. He could, instead, follow his instinct for action and compromise by forging deals across the aisle - on energy, the environment, even health care and regulation of the financial markets. And he could prove a valuable source of insight on national-security matters for the new young Democrat in the White House, provided Obama is willing to listen...
Alongside the historic ballot for the Presidency, 36 U.S. states presented 153 ballot initiatives to voters on Nov. 4, according to the Initiative & Referendum Institute of the University of Southern California. Many of the measures tackled social issues ranging from gay marriage and affirmative action to prostitution and assisted suicide. Despite high Democratic voter turnout, not all socially progressive issues fared well in the voting booth. Here's how Americans voted on some of the most contentious issues...