Word: circumventions
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> A requirement that 8% of any dollars acquired by banks from foreign sources for relending to borrowers in the U.S. be set aside and not loaned to anyone. Known generally as Eurodollars, these expatriate greenbacks have accumulated as U.S. payments deficits, starting in the 1960s; lately they have been increasing...
While Volcker's retooling of Fed policy may lead to surer control of the money supply, critics are worried that the steps he has taken to limit the inflationary flow of Eurodollars into the economy do not go far enough. In London, Geneva and other offshore finance centers, no sooner...
Tensions had been building between the two men almost from the moment that Hamilton stepped into Geneen's job as day-to-day operational boss of the company. Reluctant to relinquish power, Geneen in 1975 had been given a two-year exemption from the company's policy of...
Despite increasingly vocal student protest focused on the presence at Harvard of the military Reserve Officer Training Corps (ROTC), Pusey and the Harvard Corporation resisted and attempted to circumvent Faculty legislation calling for an end to ROTC's accreditation. Nor did the administration attend to other sources of friction from...
Harvard recognizes the value of learning from doers." To circumvent the problem of assessing artists for tenure, Bok is promoting ways of bringing students into contact with artists, even for short term exposure by encouraging activities like the "Learning from Performers" series.