Word: funded
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Dates: during 1980-1989
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Looking for an investment that outshines the rest? The best choices seem to be as old as them thar hills: gold and silver. A study by Lipper Analytical Securities shows that mutual funds specializing in gold stocks accounted for 16 of the top 20 fund performers in the first quarter. At the same time, a group of 14 silver-mining stocks enjoyed a 78.6% rise in value...
...council's financial operations, including the extravagant sum the council pays to run its Canaday Hall basement office and a system for handing out grant money that slights some student groups while overfunding others. At the conclusion of the series I will look at the ways other schools fund student groups and propose changes that would streamline the council's operation...
When finance ministers and central bankers from as many as 151 nations converged on Washington last week for a meeting of the World Bank and the International Monetary Fund, they had plenty to talk -- and fret -- about. The U.S. and Japan seemed perilously close to a trade war. The value of the American dollar was nose-diving to new lows against the yen. And the Latin- American debt crisis was flaring up all over again. In short, the world economy was showing distinct signs of stress...
...Foundation is a $30-million memorial fund set up by Congress in 1975 to award annual scholarships to second-year college students who have demonstrated "an outstanding potential for a career in public service," said Clara J. Reed, a Foundation spokesman...
...take the place of eliminated or diminished programs, the FY 1988 budget would expand the Income Contingent Loan program (ICL). Congress rejected ICL when it was proposed as part of the FY 1987 budget, but agreed to fund it at $5 million on a pilot basis. Although the results of the pilot program are not yet in, the FY 1988 budget proposes to expand ICL into a major loan program funded at $6000 milion. The Education Department claims that under ICL "financially needy students would be able to borrow large amounts of money on manageable, income-sensitive repayment terms...