Word: funded
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Dates: during 1980-1989
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Nineteen protesters were forcibly removed from the steps of the Fogg Art Museum by Cambridge police on November 21 after they attempted to block guests from entering a dinner for the Harvard College Fund. The cases against 12 of the protesters, including the first two undergraduates arrested during a political protest since 1969, were dismissed when they agreed not to contest the facts the police presented...
...programs, which include a community service clearinghouse, a summerinternship fund, a public service award and anexpanded loan forgiveness program, mark a shift inpriority toward public service at the KennedySchool, according to K-School officials...
Independent Counsel Lawrence Walsh has already used that provision to convict two minor Iran-contra figures. Fund Raisers Carl Channell and Richard Miller have pleaded guilty to a charge of conspiring to defraud the U.S. of tax money; the pair solicited supposedly deductible contributions for the entirely nondeductible purpose of buying weapons for the contras. In negotiations with congressional investigating committees, Walsh has left no doubt that conspiracy is the main charge he intends to bring against many more prominent people. Says a source close to Walsh's investigation: "Conspiracy could take in the whole picture." That was pretty much...
...vote, the House of Representatives approved a $5 billion cash infusion for the Federal Savings and Loan Insurance Corporation, backstop for the country's 3,200 federally insured savings and loan associations. That would almost, but not quite, bring the FSLIC back to being merely broke; last year the fund was $6 billion in the red by normal accounting methods. Normal accounting, however, has long since gone by the boards in managing the ugly thrift crisis, which after years of alarmed attention is still getting decidedly worse. So bad is the problem, warns Lowell Bryan, a director of the McKinsey...
...FSLIC capitalization. But there has been strong opposition from the thrift industry itself, mostly from the healthiest 60% of the institutions. Reason: the cash infusion would eventually have to be paid back by the thrifts, which are already paying about $3.5 billion a year to replenish the deposit guarantee fund. Says a spokesman for the U.S. League of Savings Institutions, a powerful industry lobbying group: "All we're asking for is a plan that doesn't overtax the industry...