Word: dollarization
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Faust will now have to decide how much progress can be made on the University’s multi-billion-dollar capital campaign before the appointment of someone for the permanent position...
Though administrators have yet to establish a dollar figure goal for the proposed campaign, they expect it to exceed the last capital drive, which raised $2.6 billion when it ended in 1999. A similar seven-year campaign launched this year would raise close to $4.4 billion, assuming a higher-education inflation rate of 3.5 percent...
Faust announced another interim appointment on Monday—Robert B. Cashion ’81, who will serve as acting vice president for alumni affairs and development. Faust acknowledged that planning for the multi-billion-dollar capital campaign can only go so far before she selects a permanent head of fundraising...
...William Jefferson of New Orleans on bribery and corruption charges and the guilty plea of a former Orleans Parish School Board president, Ellenese Brooks-Simms, who admitted in June to taking more than $100,000 in bribes in exchange for her support of a multi-million dollar public school system contract...
That's one reason why Obama is appearing at dozens of low-dollar campaign events around the country, such as a $25-a-head rally in Minneapolis on June 29, which has sold 3,000 tickets. He has held an online raffle in which those who gave at least $5 could win a chance to be part of a dinner for five with Obama. Other candidates are now beginning to focus more on small donors and new ways of reaching them. Clinton made her first foray into viral fund raising a few weeks ago with the launch of Club...