Word: fay
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Dates: during 1990-1999
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Leora I. Horwitz '96 was awarded last Wednesday the Captain Jonathan Fay Prize, Radcliffe College's most prestigious undergraduate award...
...Fay award is presented annually to the graduating senior woman who "has given evidence of greatest promise" by her scholarship, conduct, and character during her four years at Harvard...
...Fay Prize recipient, Horwitz will receive the only Latin diploma bestowed at commencement...
...Scheiber was already worth several million dollars, but it was hardly reflected in her life-style. Paint was peeling from her apartment walls. Bookcases were caked with dust. "She was a product of the Depression years," says Fay. Her father suffered substantial losses in the property market. "She felt she had to live on her meager pension and Social Security. She never spent any of it on herself." She kept some money in savings accounts, but Fay encouraged her to invest in money-market funds and tax-exempt bonds. By the early 1980s her cash flow from interest and dividends...
...world was limited to watching over her investments," says Fay. "She was obviously very intelligent and very unhappy," says Lamm, who received a hand-written letter from Scheiber outlining her life and struggles. Lamm is grateful, but, he says, "It would have been so much happier for her if she had done it in her lifetime so she could see the benefits accrued to others...