Word: coops
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Dates: during 2000-2009
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...days of the Bow and Arrow Pub and the Mass. Ave. Dunkin’ Donuts are numbered, as they are forced out of their building, owned by the Harvard Coop. Both were featured in the 1998 film Good Will Hunting...
Martin wore a black sleeveless top with the word “Harvard” emblazoned in a burst of glittery print. It didn’t look like anything they sell in the Coop...
...seriously, if you don’t take it off and return it to the Coop by 12 p.m. tomorrow you may be charged...
...months later, when professors belatedly send their orders in, the Coop would find out what books it really needs. For students, the beauty of the plan comes at rebate season: The Coop would reimburse people who sold books that professors reordered with an additional 35 percent of the new price, added onto their annual rebate checks. Although a higher percentage of speculations would not be reordered, these costs would be cancelled out because the Coop would only be paying ten percent for all speculations, and failed speculations could be sold to the wholesaler...
This plan could work independently at all six M.I.T. and Harvard Coop locations, saving both the Coop and its customers huge amounts of money. And management is interested: Steve Babbit said, “That’s an idea we should bring up. I’m willing to bring the idea to the Coop board.” After all, when the Coop and students share the risks and benefits of speculation, everyone has more money to spend on midnight pizza, beer and, well, more books...