Word: cash
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...girls - no matter. Says Coffey: "In this situation, which is still in the early morning of what might be a long historic journey for the Obama family, I think publishers would be really eager to win the rights to whatever book Michelle wants to write." Fire up those cash registers, booksellers; the day will arrive, perhaps someday soon...
...manage roughly 70 percent of Harvard’s endowment—a marked increase from only a few years earlier. When Meyer left Harvard in 2005 to start his own hedge fund—taking with him 30 employees, four top managers, and $500 million in start-up cash from HMC—the University had half its endowment under outside management. Mendillo—a 15-year veteran of HMC and the former manager of Wellesley College’s endowment—wrote that Harvard had no plans to change the current allocations, which had been...
Some journalists and high-level Colombian politicians who are close to the FARC say the group is moving toward ending kidnappings. But even as the number of abductions drops, authorities say the FARC is turning to extortion as an easier way to raise cash. An explosion that killed two people and damaged a Blockbuster outlet in north Bogota last month was one of several recent bombings that security officials have linked to the FARC. Meanwhile, the rebels continue to traffic cocaine, a lucrative business that provides the guerrillas some 70% of their income. In addition, the guerrillas still hold...
...therein lies the nature of the yet-to-be-finalized compromise: the group might tolerate some form of education funding for cash-strapped states as long as it doesn't create a new permanent mandate. "The challenge is to bring enough Republicans over to make it bipartisan, given some differences of opinion about education being in the bill," Nelson said. "But what we would hope is that both the Democrats and the Republicans decide that it is the best interest of the country to develop a consensus where everybody gives and everybody takes some...
...Though prices may stabilize in the short term, iSuppli's Kim doesn't expect a meaningful recovery until the second half of 2009. That turnaround will likely be driven by a sharp reduction in new capacity. Kim expects investment in chip-making facilities to fall 63% in 2009 as cash-strapped manufacturers finally scale back. Until then, however, DRAM makers will be lucky to survive - at least until the next downturn...