Word: auditing
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Before there was coeducation at Harvard, Cambridge women would wander into Radcliffe classrooms and freely audit lectures given by Harvard professors. After 1946, when Radcliffe academically merged with Harvard, these wandering scholars were turned away from lectures for lack of space. For a time, even the Cliffies had to stand in the back of the lecture hall lest a Harvard man be deprived a seat...
...listen to our responses to their questions. It is shabby in the extreme to imply fiscal sloppiness at PBH when you do not understand its finances and have not asked for further explanation of them. If the subcommittee had requested it they could have had the annual audit. But here, as elsewhere, they did not bother to present their criticisms to us fully and openly. Instead they embodied their understanding of a complex institution in a hastily written document that they could not even make available to us (because it was being hurried together?) the morning before the deliberations...
...time Cox is satisfied that the CFIA will still be standing tomorrow, it is almost noon. Tonis leaves his office, not for lunch, but for the Fine Arts 13 course which he is taking. It is his policy to audit a course every semester, but this is a somewhat curious departure from the usual fare of literature, history, and religion courses...
Like many other brokerages, Goodbody was shakily capitalized. About half of its capital, now down to about $10 million, consisted of loans advanced by partners and other investors for 90 days at a time. Its record keeping got into a horrendous snarl. By mid-October an exchange-ordered audit disclosed that Goodbody held some $10 million in stock that was not even entered on its books-while another $10 million of stock that was recorded on the books could not be found. Operating losses this year totaled $8 million by the end of September, and partners and other lenders began...
Officials of the Los Angeles-based United California Bank, with assets in excess of $5 billion, have promised to make good the subsidiary's losses up to $40 million when the audit is completed, but that will take months. "It's the most complicated affair I have come across in my long career," says Frank L. King, chairman of the Los Angeles bank, itself a subsidiary of Western Bancorporation, a holding company that controls 23 banks...