Word: billioned
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When he left in 2007, Harvard’s endowment was valued at $34.9 billion...
After a three-year stint at HMC, Livstone has departed for Geode Capital Management’s institutional investment arm, which manages $81 billion...
...passed, the bill would also make great strides toward closing the state’s multi-billion dollar budget deficit. Simply selling the licenses for the slots and casinos would generate an immediate one-time payment of $75 million to $100 million that would help tremendously in the short term. In the longer term, the state would collect 25 percent of the revenue from both casinos, adding a projected $250 million to $300 million dollars per year to its dry coffers...
...cynical Harvard student and going to ask why you should do it? Because it is only seven questions long for students and because it is the primary way governments know how to distribute services and how Washington distributes over $400 billion in federal money. Funding for everything from the roads to the buses to law enforcement is affected by the Census, and if you don’t participate, less money comes to the Harvard area...
...formidable candidate of 2008. Yet the drastic ups and downs of his first year in office and the likely losses his party will suffer in the November midterms have given a distorted view of his muscle for 2012. He is back on track to raise $1 billion, with all of it to be applied to the general election, rather than to any serious nomination contest. Obama will almost certainly opt out of the matching-funds system for the nomination period and public financing for the general election, raising record amounts of cash from the day he commences his effort through...