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Wilson, formerly vice president for research atthe University of Michigan, is credited withincreasing support for the Midwestern school bymore than $100 million during her years there. Andmany observers said at the time of Wilson'sappointment this June that her fundraisingexperience would be an asset to Radcliffe'sdevelopment efforts...

Author: By Rebecca L. Walkowitz, | Title: Radcliffe Funds Practices Altered | 10/5/1989 | See Source »

...Administration plan would cut capital-gains taxes to 15% but would also phase in a rule requiring investors to hold an asset for three years in order to qualify for this rate. The House measure, proposed by Georgia Democrat Ed Jenkins, would cut capital-gains taxes to 20% on investments held at least a year. But the cut would be short-lived; in two years the rate would return to 28% with indexing for inflation. Investors would be sure to roll over their assets and produce a quick windfall for the Treasury -- at the expense of future tax collections. House...

Author: /time Magazine | Title: Losing Big on Capital Gains | 8/14/1989 | See Source »

...billion that will burden the Time-Warner combination. Although the initial merger deal had been hailed for being debt-free, Time Chairman J. Richard Munro argued that the cash flow of the two companies will be adequate to service the debt. "We hope we can avoid layoffs and asset sales," he said. "The best way to pay off the debt will be through growth." Several shareholders had said they would vote against the re-election of four directors, including Munro and President N.J. Nicholas, but the slate was elected with 74% of the votes cast, or 55% of outstanding shares...

Author: /time Magazine | Title: Heading for D-Day In Delaware | 7/10/1989 | See Source »

...most controversial provision is that thrifts would no longer be allowed to count as capital an intangible asset known as "goodwill." Typically, this comes into play when an acquirer buys an ailing S & L whose liabilities exceed its assets; the difference is called goodwill. So far, regulators have allowed S & L buyers to count goodwill as capital in exchange for taking the failed thrift out of the Government's hands. But having no capital of their own at stake enabled some thrift owners to make risky and often fraudulent loans without sufficient cash to back them up. Said New York...

Author: /time Magazine | Title: Don't Touch My Bailout | 6/26/1989 | See Source »

Another suggestion that has been offered to ameliorate library space shortage is to make Widener's stacks closed, leaving more room for books. But Feng says this is an unacceptable solution because a researcher's ability to browse the stacks is a valuable asset...

Author: By Rebecca L. Walkowitz, | Title: 'Trying to Keep Our Head Above Water' | 6/5/1989 | See Source »

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