Word: firm
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Dates: during 1970-1979
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...years old. Until 1974, State Street Research and Management did Harvard's investing. The University treasurer at the time, George F. Bennett '33, was also president of State Street. "With the uprisings of the '60s, some felt there was something incestuous about the Harvard treasurer using his own firm to manage Harvard's endowment," Putnam says. Furthermore, since the treasurer both managed Harvard's investments and reported to the Corporation on how those investments were faring, he couldn't distance himself enough to judge the quality of the management. "The treasurer was in the situation of defending his own performance...
...seaborne troop carriers, but a quarter of the force hit the beach in more classic Marine style, splashing ashore aboard tracked amphibious vehicles. Though their rifles, tanks and howitzers were unloaded?no live ammunition was carried throughout the operation?their performance was intended by Jimmy Carter to be a firm and well-publicized demonstration of Washington's concern about the presence of a Soviet combat brigade in Cuba...
...Chemical, which is involved in the exploration, reprocessing and storage of nuclear fuel, and $1.6 million lie in the KerrMcGee Corporation another company involved with the total nuclear fuel cycle. Harvard also has $500,000 invested in J. Ray McDermott and Company, the owner of Babcock and Wilcox--the firm that built the reactor at Three Mile Island and six other plants throughout the country...
They had never met, never corresponded. But on opposite sides of the Atlantic, U.S. Physicist Allan Cormack, 55, of Tufts University, and Research Engineer Godfrey Hounsfield, 60, of the British firm EMI Ltd., brooded over the same mathematical puzzle and independently reached the same solution. The puzzle: how to produce an X-ray image of tissue at any depth within a patient. The result: the CAT (for computerized axial tomography) scanner, a medical marvel now used in hospitals round the world. Last week the two scientists learned that they have something else in common: they will share the 1979 Nobel...
...sycophant. Based on his experience with 10,000 other sitcoms, the viewer thinks that the good guy will win and expects them to play off one another for the rest of the series. But Brooks has Mr. Good not only lose the job, but also quit the firm -and leave the show forever. "Once you make that move," he explains, "then you are no longer predictable...