Word: bondses
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As reporters, cameramen and his aides counted off the seconds ("nine, eight, seven"), Mondale strode to the microphones in the Radisson Plaza at 11:59 a.m. on the dot and declared, "Today, I am pleased to claim victory I am the nominee. I've got the votes." He cited a...
This partnership has pumped an abundance of money and ideas into Indianapolis and has resulted in more than 20 major downtown renewal and construction projects for housing, office, convention and cultural space. Since 1974, nearly $800 million has been spent on such impressive projects as the one at Merchants Plaza...
The dramatic change in Reuters' fortunes is only indirectly a result of its journalism. The bulk of the company's revenues, and profits, predicted to reach $98 million for 1984, come from a high-tech version of the original business started by Paul Julius Reuter in 1850: the...
Historically, Harvard has always been on the vanguard of endowment management. Paul C. Cabot '21, a tough, profane Brahmin and the uncle of Walter Cabot, served as Harvard's treasurer from 1948 to 1965 and quintupled the endowment. He demanded complete discretion in managing Harvard's money, arguing that you...
Certainly Harvard's investors enjoyed what was probably their best year ever. Riding the tail-end of the great bull market of 1982, the Harvard Management Company, which manages the University's endowment, boosted Harvard's bank account from $1.7 billion to $2.4 billion, the largest in American academia. Harvard...