Word: historicizing
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Known as the Uniform Prudent Management of Institutional Funds Act, the legislation would aid universities by eliminating the “historic dollar value” rule currently in effect in Massachusetts. The rule, a product of legislation dating from the 1970s, prevents institutions from spending from a particular endowment...
“There are an awful lot of community organizations, non-profits, endowments, that very much want to keep going at their mission, even though stock market reversals in the past year may have left funds near or under historic dollar value,” Kerr said. ?...
The loss is Harvard’s first after an historic first win over a ranked opponent, when they defeated then-No. 17 Boston College, 82-70, on Jan. 7. Harvard then beat Dartmouth in New Hampshire, which helped Lin, Pusar, and freshman Oliver McNally earn Ivy League honors last...
The more ambitious fuel economy standards, if adopted, will force the auto industry to rapidly retool to produce more efficient cars and trucks. Auto manufacturers have fought California's rules in court, arguing that allowing the state to go forward on its own would create a patchwork of regulations that...
Today's start of the feisty Chicago native's state senate trial, which will determine whether he is thrown out of office, is therefore a historic occasion. And like any media-savvy politician, Blagojevich isn't about to let history pass him by.