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...endowment, which more than doubled in the five-year bull market, fell 7 percent, or approximately $290 million, in October, the annual report said. In the same month, the Standard and Poors Index of 500 stocks, one of the principal market barometers, plunged 22 percent...

Author: By Laurie M. Grossman, | Title: Endowment Falls 7%, Hits $3.85B in Crash | 12/11/1987 | See Source »

...keep students awake. Between the stroke of the hour and the time most classes begin at Harvard, students already could have had an entire education--and be able to prove it. All they have to do is clip around the dotted line and frame T.M.U.'s 3 x 5 index card of a diploma...

Author: By Laurie M. Grossman, | Title: An Academia Nut | 11/30/1987 | See Source »

...stock mutual funds, these are indeed uncomfortable times. Since the market peaked in August, the assets of equity-based mutual funds have fallen 21.1%, from $234.3 billion to $185 billion. That was a slightly worse showing than the market as a whole, as measured by the Standard & Poor's Index of 500 stocks, which fell 20.9%. Fidelity's flagship Magellan fund, worth $12 billion in August, has shed 31% of its value. Pioneer II, a $4.4 billion fund three months ago, has lost...

Author: /time Magazine | Title: End of The Comfort Factor | 11/16/1987 | See Source »

...referring to "Untrivial Pursuits," (November 3), a book review by Noam Cohen. Cohen perhaps can be forgiven because he is still young and impressionable, but the editors of The Harper's Index Book which he reviewed should be locked up and the key thrown away...

Author: NO WRITER ATTRIBUTED | Title: Rural Life | 11/12/1987 | See Source »

Cohen seems to find much glee in his discovery that the Index is "unsparing in its depiction of the folkways of the Midwest." Never mind that he couches glee in his despair. His smugness and "Letterman-esque snidery" are much more apparent. He relates that the Index tells us "40 percent of Iowans have a hard time singing The Star-Spangled Banner.'" The people who compiled the book, as well as its readership, would probably interpret a universal Midwestern knowledge of the national anthem as the mindless nationalism most of them undoubtedly believe is characteristic of the region...

Author: NO WRITER ATTRIBUTED | Title: Rural Life | 11/12/1987 | See Source »

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