Word: dollarization
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Dates: during 2000-2009
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Another life insurer, TIAA-CREF, the largest U.S. education retirement fund, has long been criticized for its billion-dollar investments in tobacco stocks. It now allows clients to opt to avoid such equities through special socially conscious funds. This is an option nearly all insurers now include in their portfolios. "As a TIAA-CREF participant, you do not have to own shares in tobacco companies if you choose not to," says spokesman Chad Peterson...
...been commended for his work on the appointments committee—the advisory body responsible for faculty hires—that yielded several high profile faculty hires during Kagan’s tenure as Dean. But whether Manning can convert that administrative experience into managing a multi-million dollar budget remains to be seen...
...income streams, or you’re confident about a project being completed very quickly or on-time and then turned into an income-generating asset.”But the income stream that was supposed to relieve some of the debt—namely, a large, multi-billion dollar capital campaign—never materialized, derailed by tumult over Summers’ presidency and the administrative turnover that followed his forced departure in 2006.But even with Faust solidly entrenched in Mass. Hall nearly two years after her installation, heavy debt financing appears likely to persist for some time.According...
...Harvard’s Institute of Politics, was fond of saying that the power of the Presidency is the power of persuasion.Of course, the late White House adviser meant the U.S. Presidency, but without the trappings of the American executive branch, a standing army, or a multi-billion dollar budget, leadership on the Undergraduate Council perhaps offers at least an equally compelling proof of Neustadt’s thesis.Persuasiveness was a trait clearly prized by last year’s UC leader Matthew L. Sundquist ’09, a habitual social networker among undergraduates, faculty, and administrators.But for Andrea...
...department chair, and a house master. The first word that comes to mind is meetings. There have been countless hours of meetings, attended by the faithful on the faculty, the caucus of chairs, the house masters—all with charts and PowerPoint presentations demonstrating an unprecedented 220 million dollar deficit in fiscal year 2010, getting worse thereafter...