Word: annualized
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...news was sobering University-wide. For the Faculty of Arts and Sciences, the University’s largest school, which comprises about a third of the union’s membership, the news was particularly bleak—FAS relies on endowment funding for over half of its annual budget, third-most among the University’s 11 schools. “A bad day,” Jaeger calls the date when the payout decision was announced. In fact, it was probably more than that: the first clear signal of how difficult it would be for HUCTW...
...been replaced by a more measured, fiscally somber planning process. ‘BLUE SKY’Since his earliest days in office, Summers was openly ambitious about his plans to transform Allston, a vision he hoped to make the hallmark of his tenure. As evidenced in his annual letters to the community, his primary motivation to invest in Allston was to ensure the continued strength of the sciences at Harvard, which he said would soon suffer from a crippling insufficiency of space. Alyssa A. Goodman, an astronomy professor who served on the Provost’s Advisory Group...
...Memorial Hall was where we had the Freshman Smoker [an annual cabaret-style event],” Terence R. Murphy ’59 said. “It was so outrageous that the Freshman Smoker was canceled after that. Somebody poured beer on the heads of one of the deans...
CORRECTION: The June 1 news article "Class of 1959 Remembers Undergraduate Days" incorrectly stated that somebody had poured beer on the heads of "all the deans" at an annual cabaret-style event, based on a statement from Terence R. Murphy '59. In fact, Murphy later clarified that only one of the deans was doused, and the text online has since been updated to reflect the error...
...concern of the Chinese is not a figment of anyone's imagination. It was just in March, in fact, that Premier Wen himself prodded Washington for reassurance. At the annual meeting of China's National People's Congress in Beijing, Wen said, "We have lent a massive amount of capital to the United States, and of course we are concerned about the security of our assets. To speak truthfully, I do indeed have some worries. So I call on the United States to maintain its creditworthiness, abide by its commitments and ensure the security of China's assets." (Read...