Word: cash
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...year, if at all. Banks and financial companies that played a major role in our economic meltdown have not been regulated effectively and, in some cases, were even allowed to reward their top employees with large bonuses while surviving off the taxpayers’ money. Lobbyists and corporate cash still control the electoral fates of many officials and the Supreme Court’s ill-advised decision to strike down important campaign-finance laws will only worsen the problem...
According to sources cited in yesterday’s report in the Journal, officials at Harvard grew concerned over real estate and private equity holdings that are difficult to sell and require future cash commitments—the types of holdings that make the University more vulnerable to economic downturns...
During the financial crisis, several media outlets reported that the University scrambled for cash last year and was forced to sell bonds in order to meet operating expenses and pay off older debt...
Harvard and other universities with large endowments have taken several steps to increase liquidity in their endowments. According to the most recent HMC report, the University has added a cash reserve to its policy portfolio—a model for the University’s investment strategy that serves as a baseline against which the actual performance of the endowment is measured...
...crime, Sanabria reasoned, his men were performing a public good. They were cheating the cheaters out of money that would otherwise go toward grenades and guns, making the guerrillas stronger. Rather than being castigated, they ought to be decorated. There was also a sense among the troops that the cash was a serendipitous payoff for years of dangerous duty protecting the homeland. And if that wasn't enough, it was Easter week, the holiest time of year in Colombia. Many soldiers viewed the treasure as nothing less than a gift from God. (See pictures of FARC in the jungle...