Word: fractionalism
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...that these trust managers were distorting the market in his company but ultimately decided that the best way to beat 'em was to join 'em. Last week shares of a new Class B stock, quickly dubbed Baby Berkshires, went on the market for a mere $1,110 per, a fraction of the mother issue's market value. The Baby B's gained $50 to hit $1,160 the first day and finished at $1,200 on Friday. Whether they'll ever grow up to be like Mama is, well, what markets are all about...
...Thanks in part to the demands of marriage (in 1937 to the historian Douglass Adair Jr.), motherhood and teaching, she stopped publishing but kept on writing. Literary fame meant nothing; her delight was in the solitary pleasure of creation. The 87 poems in 'Ants on the Melon' are a fraction of her oeuvre, which runs into the thousands. Occasional verse for such magazines as the Atlantic and the New Yorker has earned Adair in recent years a coterie of fans (other poets notable among them). One dazzled critic (Eric Ormsby) has called her "the best American poet since Wallace Stevens...
...fundamental change--at the time of the last study, women undergraduates still attended Radcliffe College. It is a grave problem that the impact of the major structural change of the merger between the two colleges in 1977 has not been examined. Women have only attended Harvard for a fraction of its history--how are we faring...
...Sundance Fever Comes To Cannes "Twister" may be grossing upwards of $40 million in its U.S. debut, but filmmakers at Cannes are following the Sundance example and cutting economical deals for small "classic" films at a fraction of the cost of the average big-budget Hollywood production. While Dustin Hoffman and his production company, Punch Productions, have announced a deal with the Australian production company Village Roadshow to finance and distribute small dramatic films for about $10 million apiece, action producer Joel Silver is teaming up with "Lethal Weapon" director Richard Donner to make low-budget action films...
Another mainstay in Harvard politics is the annoying extensive coverage of a big campus issue which always involves just a minute fraction of the Harvard population but in which everybody and their mother needs to be involved. Last year (although it's been around this year as well), campus politics centered around the Core Curriculum. Students complained, professors complained and even administrators complained. But after everything the Core is still the same stupid and unfulfilling academic requirement. This year the futile debatable issue was the randomization process. Even after everyone stopped whining it still happened. First-years were randomized even...