Word: funded
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Dates: during 1980-1989
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...University recently announced plans tospend more endowment income to run Harvard, in aneffort to take advantage of previous bull marketgrowth. Until now Harvard has reinvested the bulkof its endowment earnings--allowing the fund'spay-out rate to slip below inflation and usingother sources of income, such as tuition andfundraising, to fund a greater portion of thebudget...
...inherently troubling, but also because this union is between organizations with checkered pasts. Harvard and the Kennedy School should not have forgotten their liberal natures once again by making an institutional link with a body as reprehensible as the CIA. Under the terms of the agreement, the CIA will fund a $1.2 million, three-year Kennedy School study assessing the use to which policymakers put the agency's intelligence information. The funding also will pay for special two-week "executive training sessions," presumably modeled after other "executive training sessions" for government officials ranging from bureacrats in the Education Department...
...would like to create an alternative fundother than the University's endowment,"newly-elected class officer Hillary Richard said.It will be "something similar to the E4D fund[Endowment for Divesture fund] that the Collegehas created...
...specifically on the platform that wewould try to create an alternate fund," Richardsaid. "We are not refusing to solicit funds forthe University...
Incredible? Sexton has l,500 subscribers who pay $360 a year for his biweekly newsletter of predictions, and many have written to thank him for saving them from Black Monday. Says Marc Klee, who helps manage the $200 million American Fund Advisors: "His techniques are unconventional, to say the least, but I've been working with him three years or so, and his track record is well above average...