Word: amounting
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...Recently, research firm RBC Capital Markets revised its estimate for bank failures from 200 to 300 over the next three years to 1,000. RBC said it based its forecast on talks with industry experts and the amount of assets on which banks are not collecting interest as a percentage of tangible capital and loss reserves. (See pictures of the Top 10 scared traders...
...should not be hyper-inflated prices. It is no secret that a large portion of the student body is able and willing to pay ludicrous prices to attend events like the Game, formals, and Commencement, but what of the students on significant financial aid? Though they would gain equal amount of pleasure from attending the Game, they face tradeoffs. When it comes to choosing between a football game and next semester’s textbooks, there is no contest. Therefore, these peers of ours have to be extra vigilant about collecting their tickets in time since they do not have...
...government estimates that recyclers are currently reprocessing about 1,800 tons of materials daily, but the goal is to increase the amount to 5,000 tons by organizing them in associations. "There are more than 100,000 recyclers in Peru. We hear them in Lima with their horns, calling for used bottles, paper and metal. They are generating income and doing a job that in other countries costs a fortune," says Environment Minister Antonio Brack. Brack says each ton of recycled paper, apart from cleaning up the environment, saves about 20 trees, contributing to Peru's ambitious goal of setting...
...response to guidance from the University, several of Harvard’s schools are planning for a decline in endowment income for the next fiscal year, according to University administrators interviewed this weekend. Earlier expectations had been for a flat payout—or the same dollar amount in endowment income as last year—a School of Public Health spokesperson wrote in an e-mail. The Harvard Corporation, the University’s highest governing board, has yet to set next year’s endowment payout rate—a figure generally announced in December?...
...focused on transparency, or the lack thereof, around university endowments.” Bowman called Boston “the epicenter” of socially responsible investing firms in America. “There was a huge need, coupled with a lack of understanding, coupled with a huge amount of expertise available in Boston,” he said. “These factors provided ripe conditions for a conference here at Harvard.” The conference began in Boylston Hall on Saturday afternoon and continued throughout the weekend. Between 40 and 50 students from the four schools were...