Word: institutionalized
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Dates: during 1980-1989
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For us, lowly students at a great institution where volumes of wisdom are dispensed so readily, it is often difficult to keep ourselves anchored in the rapidly changing world outside of the tranquility of our bricked Yard.
"There is a big stereotype about Harvard that it is an all-white, rich and snobby institution that might discourage lower-income Asian-Americans from applying. We just show them that this stereotype is not the true Harvard," he says.
The pace of change at BankAmerica (current assets: $117 billion) had already picked up quite a bit. The 15-member BankAmerica board had met over the previous weekend to recall Clausen hastily from his retirement in Washington. His task: to take over as chief executive officer from the man who...
More intriguing was the notion that mighty Citicorp was studying ways to acquire all or part of BankAmerica. Until a new California law takes effect in 1991, an outright buyout of BankAmerica by the New York institution is impossible. Federal bank regulators would also have to approve the move. Just...
Unfortunately, though, more and more people are eating more and more of their meals at fast-food restaurants. Savvy commercial campaigns--the industry spends $2 billion a year on advertising and promotions--and the lure of a quick, convenient repast have made the restaurants so popular that fast-food restaurants...