Word: give
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Dates: during 1970-1979
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When Harvard Management began, five independent managers took over 10 per cent of the endowment to give the Corporation a means to judge HMC's performance, and so HMC itself could take advantage of the know-how of larger outside firms. Only three of those five firms still handle any Harvard money, though; one merged, and another wasn't doing the job right, according to Putnam. Today HMC uses outside talent mostly in specialized areas--for example, in its decision to commit money in venture capital (loans from an investor to a new business in hopes of a high return...
...reason Harvard can attract the kind of huge gifts it is counting on during its five-year, $250 million Harvard Campaign is its "good aura of investment management," Putnam says. "Alumni will only give when they think their money will be managed well--people will set up trust funds for Yale," putting a gift in a private manager's hands and sending Yale the interest, he says. But he adds that Yale's "aura" is worse than it deserves...
After sex the sparkle of their courtship evaporates, and Starting Over loses its appeal. Rather than give Reynolds the rein to flex his demonstrated talent for deadpan humor, Brooks script smothers him in pretentious sensitivity. Worse, the improbable plot twists like a Neil Simon rendition of The Courtship of Eddie's Father...
...devastation in Cambodia makes it imperative that the United States not give up its well-intentioned relief efforts in the face of the Heng Samrin regime's rhetoric. Carter and Congress must do everything possible to get the relief through and to alert a sadly indifferent world to the carnage that has taken place and to the plight of the millions who are still living--but just barely--in a ruined Cambodia...
...arrested were taken to Police Plaza in Manhattan or to the 84th precinct house in Brooklyn. Demonstrators who refused to give their names, or whom police charged with resisting arrest, will be held until "the arraignments can take place, which may take a while since we are kind of clogged up," officer Richard Barbari said yesterday. Several demonstrators said police warned them they might be detained as long as 3 to 6 hours if they refuse to cooperate...