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University administrators are scrambling to deal with a precipitous decline in Harvard’s endowment, which fell 22 percent—or roughly $8 billion??€”in the four months ending...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Arts Task Force Urges Major Changes | 12/11/2008 | See Source »

...Speaking before a meeting of the full Faculty, Smith said the percentage was a target for the next couple years, but that he did not expect FAS to make up the full $100 million—representing about 8 percent of the entire FAS budget of $1.2 billion??€”before next year’s budget is due in March...

Author: By Christian B. Flow and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: Smith Asks for Budget Cuts | 12/10/2008 | See Source »

Last week, Harvard announced its endowment had fallen 22 percent—$8 billion??€”in four months from its June 30 value of $36.9 billion, a decline that comes amid the worst financial downturn in decades...

Author: By Wyatt P. Gleichauf and Clifford M. Marks, CRIMSON STAFF WRITERS | Title: $1.5 Billion in Debt Sold To Raise Cash | 12/8/2008 | See Source »

...provides examples of PPPs for highway infrastructure in the U.S., and highlights those which involve the management of an existing entity—such as the lease of the Chicago Skyway to a private entity for $1.83 billion or the lease of the Indiana Toll Road for $3.85 billion??€”as well as those which involve bidding out contracts to build and operate new toll roads, such as the part of the Trans-Texas Corridor which calls for a new toll road between Dallas and San Antonio. These transactions usually provide the municipality or state with an upfront cash...

Author: By Dana A. Stern | Title: Rebuild from the Roads Up | 11/18/2008 | See Source »

...part of the team. Including these student members in HPPC, to serve alongside faculty, House masters, administrators, and planners from the Allston Development Group1, is a positive step towards ensuring that student recommendations are given proper weight. Since the 15-year reconstruction process—estimated to cost $1 billion??€”will be the largest of such renovations to date, it only seems fit that such permanent changes reflect the concerns of the buildings’ inhabitants. Additionally, Dean of the College Evelynn M. Hammonds e-mailed a comprehensive survey to students last week, requesting their input on everything...

Author: By The Crimson Staff | Title: Home Improvement | 11/2/2008 | See Source »

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