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...talked before about the deficiencies of the U.S. public-education system. If you were U.S. Secretary of Education Arne Duncan - who has about $5 billion in discretionary funding and a mandate to fix our schools - what would you do? There's precious little experimentation in education. Instead there seems to be a desire for greater regimentation, which I think is nonsense. I think we need to try 100 different things. If I were Arne Duncan, I'd think of myself as a venture capitalist, fund as many wacky and inventive ideas as I could, and closely monitor them...
...added that the current reincarnation of the club (it was originally founded in 1883 but has been sporadically active and inactive in the years since) has not yet faced any anti-gun protests. In fact, he said, the club is “in the process of establishing a fund toward promoting firearm safety both on and outside of campus...
...news did not exactly come as a shock. Just two months before he was arrested on charges of insider trading on Oct. 16, billionaire Raj Rajaratnam described his job managing the New York City-based Galleon Group hedge fund as "a business in which you eat only what you kill." And though his hunting methods may have just come under legal scrutiny in the U.S., in Sri Lanka, where Rajaratnam was born, the high-profile entrepreneur has courted controversy for years...
...interview with The Crimson, Lapin said that her comments may have been misinterpreted and emphasized that she was saying that her school’s operations are funded by investments held alongside the endowment. Stanford’s 2008 financial report, the most recent one available, states that the California university uses an “Expendable Funds Pool” partially to fund operations, of which a “substantial portion [is] cross-invested” in the Merged Pool, which consists of the endowment and other long-term funds...
Given the fact that the meeting took place when debate over health reform was already in full swing, it's likely that the two sides were simply hearing what they wanted to hear. Whatever the case, they have certainly been talking past each other ever since. Obama added abortion funding to the list of "myths" like death panels that he dismissed in his public appearances. When he said in his address to the joint session of Congress in September that "under our plan, no federal dollars will be used to fund abortions," the President was referring to direct funding...