Word: bondses
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For the first time in six years. Radcliffe earlier this month sold $3 million worth of bonds to finance the relocation of one of the country's foremost women's scholarship programs.
Radcliffe issued the tax exempt bonds through the Massachusetts Health and Education Facilities Authority, which allows educational institutions to sell bonds at a below market interest rate as long as they use the money for educational purposes
Executives of E.S.M. Government Securities of Fort Lauderdale liked to behave as if every year were a winner. They drove Mercedes and Jaguars and paid themselves salaries of up to $500,000. In fact, the nine-year-old company, a dealer in bonds, notes and bills, has been a money...
So how does any of this affect the University? Harvard has the potential to be a major player on proxy issues because a large portion of its $2.3 billion endowment is invested in stocks, bonds and other securities, including as Treasury bills, venture capital and money-market accounts. Because of...
The U.S. has given the contras $80 million since 1981 (the U.S. authorized about $130 million for the Sandinistas in the early, more promising days of the revolution), but not a cent since last June. The rebels were getting about $1 million a month from the CIA when aid was...