Word: cannot
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...risk in the markets, and instilling a general lack of investor confidence. “We were well prepared, but we didn’t expect the Lehman failure, and obviously things were terribly difficult in the fall,” Kaplan says, noting that even a diversified portfolio cannot protect investors against simultaneous drops in nearly all asset classes. “The only precaution you could have had for that is not to be invested.”By Oct. 31, the endowment had already dropped by 22 percent. ‘OPPORTUNITY FOR CHANGE’Since...
...Jaeger has a leader’s title but a collective conscience. When he walks into a room, he deflects attention and launches his body forward as though he cannot get himself to the other side of the room quickly enough. Though decidedly one of the most visible leaders of HUCTW, Jaeger vehemently refuses to describe his role without emphasizing the service of his colleagues—he is a man working on behalf of the masses...
...Zeidel says that the committee is attuned to this issue, but there remains the problem of enforcing any regulations at the hospitals, where students will be off campus and cannot be policed directly...
...percent cut,” says Adams House Master John G. “Sean” Palfrey ’67, who added that his most recent budget submission modeled a cut between 15 and 20 percent. “Just as the Dean has categories that absolutely cannot be touched, we are in the same situation. But the Houses have much less flexibility...
...Ryland points out that many students on financial aid have no alternative way of paying the student contribution of their tuition—which totaled $3000 last year, according to Student Employment Office data—if they cannot find employment on campus...