Word: information
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Amid all their self-congratulatory talk about being forthcoming--getting "in front of the story," as it's known in Washington--Bush officials insist they see nothing odd about the idea that it took nearly three months for Commerce Secretary Don Evans and Treasury Secretary Paul O'Neill to inform the White House that Lay had come to them seeking help as the company was going under. If the White House's story is so clean--Enron asked; we said no--why wait three months to tell...
...they go along, the two processes will inform each other,” said Kevin A. McCluskey ’76, Harvard’s director of community relations for Boston...
...told reporters that he had not talked with Enron CEO Kenneth L. Lay about the company's woes. But the White House later acknowledged that Lay, a longtime friend of Bush's, had lobbied Commerce Secretary Don Evans and Treasury Secretary Paul O'Neill. Lay called O'Neill to inform him of Enron's shaky finances and to warn that because of the company's key role in energy markets, its collapse could send tremors through the whole economy. Lay compared Enron to Long-Term Capital Management, a big hedge fund whose near collapse in 1998 required a bailout organized...
...imagine that the envelope you received wasn’t quite so thick. Heck, imagine that all it contained was a single letter, beginning with those oh-so-dreaded words: “We regret to inform you that we cannot offer you a place in the Harvard College Class of blah blah blah...” You’ve just been rejected! Now change the school to Stanford, change your name to Shaun, videotape the whole ordeal and BAM! You’ve got yourself a pivotal scene from Orange County, the new teen comedy from our friends...
...student hastily, and some candidates’ applications may hinge on senior year grades. But it seems cruel to keep thousands of students hanging on when there are so few spaces available. Students apply early because they want to find out the result early, a result that will help inform their decisions in the rest of the admissions process. By deferring so many students, Harvard is not only being disingenuous, but is also denying students the decisions they deserve. Harvard should render its decisions early and eliminate the three months of false hope so many of its applicants face...