Word: creditation
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...Photo credit: Wikimedia/Anderson
...credit rating report issued by Moody’s Investors Service in April said that Harvard was considering halving its capital spending and new debt issuance due to investment losses. The report said that Harvard had previously planned on issuing $3 billion in new debt over the next few years to fund campus expansions, in addition to spending roughly $1 billion a year on capital projects...
Shore said that many of Harvard’s peers have asset-to-debt ratios that mirror the University’s current situation, and he noted that credit agencies have maintained Harvard’s ‘AAA’ rating despite the bond sales. Most elite institutions have also retained their top-notch credit ratings, although a number of other colleges did find themselves downgraded this year...
...Ergo” deserves a certain degree of credit if only for its ability to genuinely terrify. It would be difficult to find a postwar book that leaves an impression as petrifying as “Ergo.” But a novel, due to its inherent features as a genre, tends to reach its height when it delivers multi-layered thoughts and sensations that expand themselves throughout the breadth of reading. Instead of delivering on this front, Jakov Lind limited the artistic potential of the novel by consciously designating a purpose to it. “Ergo...
...repeat that: The Recovery Act, the stimulus bill represents the largest single boost in scientific research in history. (Applause.) An increase -- that's an increase in funding that's already making a difference right here on this campus. And my budget also makes the research and experimentation tax credit permanent -- a tax credit that spurs innovation and jobs, adding $2 to the economy for every dollar that it costs...