Word: investers
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Harvard argues that not enough of the community cares about the University's investment policy to bother voting the election of representative members. Walter Mondale could have made the same claim. Harvard argues that it is self-incorporated, and should not be controlled by outside forces. It shouldn't. But there is a difference between handing over control of the $2.3 billion endowment to the community and recognizing formally the true views of that community. If there is a need to invest ethically, as the Corporation obviously feels there is, the advice it receives should be representative of all those...
...home states. New York's Citicorp, the most aggressive of them all, gained important ground last week by persuading the Maryland legislature to allow the bank to set up branches in the state. The new law gives the same privilege to any out-of-state bank that promises to invest at least $25 million in Maryland and create a minimum of 1,000 jobs. In Citicorp's case, the bank plans to turn an abandoned factory site in depressed Hagerstown into a center for credit-card processing...
Police yesterday advised bike owners to buy and use bike locks. "When you're paying seven or eight hundred dollars for a bike, it doesn't hurt to invest $25 in a lock," said Don C. Nagel, a police official who statistically analyses crimes reported to the department. Nagel said that if people simply took the time to lock up their bikes, bike theft would not be such a problem...
...dogmatism, they have turned the South into a police state. They have even abolished the old National Liberation Front, which they had long billed as the voice of the people in revolutionary South Viet Nam. Though they run one of the poorest nations in the world, the Vietnamese invest their best brains and creativity in the military: they have occupied Cambodia and Laos, resuming a campaign of expansionism that was interrupted more than a century ago when the French arrived to colonize Indochina. It is ironic that the Vietnamese, so often sentimentalized by the American Left as a simple...
Dozens of states, cities, unions, and churches have divested their monies from South African holdings. This group includes Connecticut, Massachusetts, Boston, Maryland, New York, the United Auto Workers, Ohio University, Michigan State, Wesleyan the University of Massachusetts, and the Harvard Law Review. Taking a stand against Harvard's investment assumes primary importance now because it is only President Bok's personal campaign against divestment which has conferred any legitimacy at all on the untenable and fading proposition that universities should not care where these invest...