Word: dollarized
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...White House, where Lincoln and his family sought relief from the summer heat during the Civil War. The cottage and its surrounding buildings were made a national monument in 2000, and in preparation for its opening last year, the National Trust for Historic Preservation carried out a multimillion-dollar renovation. But preservationists didn't just restore the buildings. They greened them, beginning with the Beaux Arts house next door that now serves as a visitors' center. Renovators kept 98% of the house's existing walls, roofs and floors and used recyclable material for the rest. Large windows were...
...efficiency upgrades can save more than just the earth; they can help shield property owners from rising power costs. Moreover, a nationwide effort to improve existing buildings could create hundreds of thousands of green jobs. (In addition to using less raw materials, renovations are often more labor-intensive per dollar spent than new construction is.) "There's an enormous opportunity here," says Lane Burt, an energy-policy analyst with the Natural Resources Defense Council. "Energy efficiency is a way to spend now to create jobs, while still saving down the line...
Harvard Management Company—which oversees Harvard’s multi-billion dollar endowment—was plagued by a culture of ethical laxity, Rose said. Special relationships with funds run by former employees and the use of offshore investment companies—both used to boost HMC’s once-legendary returns—may not be illegal, but are considered to be ethically questionable by some, particularly in light of Harvard’s non-profit status...
...made a backroom deal with Chávez's government to handle some of the revolution's murkier financial transactions, such as more than $1 billion in Argentine bond swaps, or the handling of hard currency between Venezuela's official exchange rate of about 2.15 bolivares to the U.S. dollar and the quasi-legal black-market rate of almost six to the dollar. Vargas has long denied the accusation, insisting he's not part of the "boli-bourgeoisie" (named for Chávez's Bolivarian Revolution) that got rich cozying up to Chávez while oil prices skyrocketed...
...want us to be more proactive, I want us to be more consumer friendly,” he said. “We need to have a serious conversation about what kind of system we want to be. I think that will go as far as any dollar...