Word: investments
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Dates: during 1980-1989
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Whatever the method, players see the games as a dice roll on a dream. Says Louis DeSantis, who has sold New York lottery tickets at his Lower Manhattan newsstand since 1967: "People know they're not going to get rich on what they're making, so they invest a dollar and wish." But despite well-publicized accounts of overnight wealth (see box), a person is about 31½ times as likely to be killed by lightning as to win New York State's Lotto jackpot. "Sure, somebody wins," says Myron Powell, a retired Congregational minister who fought...
There is one more comment of Mr. Howe's which at best must have come from a slip of the pen. He says that President Bok "has made sure that Harvard doesn't invest in companies which don't sign the Sullivan Principles." This is simply false. Robert Neer, a colleague of Mr. Howe's, rightly pointed out in a Crimson article on divestsiture (5/8/84) that "Harvard holds... stock in eight companies that have not signed the Sullivan Principles or are not fully abiding by them." This is public knowledge and has been amply documented. The Corporation itself says that...
...developers. The agreement is a victory for environmentalists who have long argued for a review system for unprotected Government forests. Administration officials and allies, chief among them Idaho's Republican Senator James McClure, have been opposed to this, arguing that developers need "certitude" if they are going to invest in land development. Says Max Peterson, head of the U.S. Forest Service and the chief broker of the agreement: "Senator McClure originally thought that since the wilderness designation was permanent, then the nonwilderness should...
...will, as a general guideline, recommend divestment of a company that has failed to show, within a year after intensive dialogue is initiated, reasonable signs of progress in demonstrating compliance with Harvard policies. The CCSR has not accepted the ACSR's 1983 recommendation that Harvard not in the future invest in any company that is not a Sullivan signatory in good standing...
...editorial claims that Bok has made sure that Harvard doesn't invest in companies which don't sign the Sullivan principles." This is incorrect I refer Mr. Howe and the reader to an article in the Crimson dated March 23, "Harvard Tied to Nine Firms Ignoring Sullivan Principles." Harvard owns "more that $140 million in companies operating in South Africa that have not signed or have refused to comply with the Sullivan Principles." This represents more than 25% of Harvard's portfolio Further, the Sullivan Principles, denounced by Black South African leaders as purely cosmetic and a tool...