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...expectation that all of their money would be going into their intended recipient’s treasury, not the University’s coffers.We are not suggesting that the University is necessarily wrong to impose this new tax. It is conceivable, for example, that the University has a sizable amount of overhead costs in providing the gift account service, and that these costs warrant incurring the aforementioned harms. But we doubt that the University’s overhead costs are so high as to justify a 15 percent deduction from student group gift accounts, and student groups certainly deserve more...

Author: By The Crimson Staff, | Title: Taxation without Explanation | 9/20/2006 | See Source »

...toilets installed in every bathroom, they must choose not only when to flush, but which way. The name? The dual-flush flushometer. The verdict? The jury, quite literally, is still sitting on it. The dual-flush flushometer is a leafy-green, antiseptic-coated toilet handle that controls the amount of water used in each flush. Specifically, students flush upwards for “1” and downwards for “2.” The new handles were installed in the hope that the reduced water usage (1.1 gallons for liquid waste and 1.6 for solid waste) would...

Author: By Alexander J. Dubbs, CRIMSON STAFF WRITER | Title: Amazing! Toilets. | 9/20/2006 | See Source »

...most important issue is, did we meet the University’s target, which is to maintain the value of the endowment and take into account distributions and inflation?” El-Erian said in a phone interview. “Yes, we came in at double that amount.” HMC’s performance was particularly strong in emerging markets—the University earned a 37.8 percent return in this asset class, which includes industrializing economies such as India, China, Russia, and Brazil. “It’s an area that promises returns...

Author: By Cyrus M. Mossavar-rahmani, CRIMSON STAFF WRITER | Title: Endowment Reaches All-Time High | 9/20/2006 | See Source »

...most important issue is, did we meet the University's target which is to maintain the value of the endowment and take into account distributions and inflation?” El-Erian said. “Yes, we came in at double that amount...

Author: By Cyrus M. Mossavar-rahmani, CRIMSON STAFF WRITER | Title: University Endowment Reaches Record Highs, But Growth Rate Slows | 9/19/2006 | See Source »

...about choice, and returning residents of three residential Houses found their toilet-draining options doubled when they returned to Cambridge this year: Eliot, Kirkland, and Dunster Houses installed dual-flush handles in an initiative to reduce water waste. A standard downward push uses a mere 1.6 gallons, a standard amount for a low-flow toilet. But bathroom-goers will be able to save even more water with an upward push on the handle—let’s call it “flush number one”—which is intended for that very purpose...

Author: By The Crimson Staff, | Title: Up For Number One | 9/19/2006 | See Source »

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