Word: bloomberg
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Dates: during 2000-2009
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According to Bloomberg, Harvard is negotiating terms on a $1.75 billion line of credit and is willing to pay back any loans at 1.25 percentage points above the London Interbank Offered Rate, a common reference point for setting floating interest rates. The University's current $2 billion line of credit, set to expire next month, allows it to borrow $250 million more at an interest rate 0.25 percentage points higher than...
...Bloomberg also reported that Harvard may pay an upfront fee to the creditors funding the loan on top of the interest, as well as 0.1 percent interest on any untapped loans...
...Haitian immigrant who was brutally assaulted by a police officer in a Brooklyn precinct house in 1997. Amadou Diallo was an unarmed Guinean immigrant killed by police in 1999 in a hail of 41 bullets.] In terms of transparency or accountability, there's even less now under Mayor Bloomberg and Commissioner Kelly. The media is so cowed by Commissioner Kelly that there is no critical reporting of the police department whatsoever. (See pictures of crime in Middle America...
...Murdoch, whose News Corp. also owns the New York Post, the Wall Street Journal and Fox Broadcasting, denies that he had any knowledge of the payments. "If that happened, I would know about it," he told Bloomberg News on July 8. (See pictures of Murdoch...
...animal lovers are livid over what they see as needless slaughter - a debate repeated almost everywhere Canada geese are being culled. In New York City, it didn't help when Bloomberg commented that gassing geese amounted to "letting them go to sleep with nice dreams." Pro-goose activists picketed at Union Square as well as at Bloomberg's posh Manhattan home. "Are we going to extinguish every single bird in the sky?" asks Edita Birnkrant, New York director of Friends of Animals...