Word: keepings
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Dates: during 1970-1979
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...alleges that Park illegally spent bond revenue on general operations while the banks looked the other way and handed out money to cover the growing deficit. Park won their cooperation with business-oriented policies, including major tax cuts establishing a "free trade zone" for banks and large businesses. To keep the city afloat on a declining tax base, Perk sold such municipal assets as the transit system, the sewer system, the stadium...
Harvard's domination continued through the rest of the half. Michael Smith played his usual central role in midfield, and fullbacks Don Rung and Randy Nordland came off the bench to keep Bowdoin...
...When the company was founded, I felt it was important to keep the number of people small--it's cheap, effective, and lets you focus on the major issues," Cabot says. "The great joy and benefit Harvard has is one account for one group of people around a table...
Stevens agrees that HMC's set-up helps keep talented managers. But, he says, "There's a possible disadvantage in not having the flexibility to decide that someone--no matter how much time they're spending--isn't doing a good job. It's a different kind of decision to say to someone, 'We don't like you and we're going to fire you,' than to tell a company, 'We're going to move to a different company...
...keeps its lines to other universities open, too, mostly through Cambridge Associates, which pools information from 20 schools. "You get into trouble in this business if you just talk to yourself all the time," Cabot says. Stanford for example, has a successful record investing in real estate development, and Harvard has begun to experiment with venture capital. Cabot says there's no reason for colleges to keep their experiences to themselves...