Word: dollarized
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...sources with knowledge of the situation, the University’s top money manager, Jack R. Meyer, also left Harvard in September partly because of his dissatisfaction with Summers’ leadership. Meyer’s Harvard Management Company (HMC) came under fire in 2003 for its multimillion-dollar payouts to top employees. Meyer, according to the individuals, felt that Summers had not given HMC adequate public support...
...official. A committee composed of four elected students from the Class of 2006 then narrowed down the list of possible speakers to 10, before choosing Paulson at the end of March. That was two months before Paulson was chosen as the next man to sign his name on the dollar bill. Paulson joined the Chicago office of Goldman Sachs in 1974. The investment banker rose through the ranks of the famous firm to become its top officer in 1999. Paulson will be succeeded by Lloyd C. Blankfein ’75, a former Winthrop House resident who is currently...
...Iron Curtain.” “Americans are not allowed to see what’s going on in the rest of the world” for fear that they would demand another system, he said. Himmelstein said that administrative costs accounted for one cent of every dollar spent on healthcare in Canada, but 15 cents for every dollar in America. “Americans are getting extraordinarily poor value for money in our healthcare system,” he said. The results are based on the Joint Canada/U.S. Survey of Health, a random phone survey conducted...
...surroundings and sky-high prices? Realizing that not everyone wants to be smeared in algae or scoured with salt, some spas are offering therapies featuring caviar, chocolate, even champagne. If you want to put the aah back in spa, skip the kelp masks and go straight for these top-dollar treatments...
Penny S. Pritzker ’81 could have sat back and reveled in her life as a member of the multi-billion dollar Pritzker dynasty. Instead, the girl who once told classmates that she just worked at a hotel behind the front desk—casually failing to mention that her family owned the chain—has made a name for herself, distinct from her family’s.This Hyatt heiress founded and runs the luxury retirement community series Hyatt Classic Residence, serves as president and CEO of Pritzker Realty Group, chairs the board of the credit reporting...