Word: kennedyism
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To cut other non-personnel costs, the Kennedy School has also indefinitely postponed many of its capital projects, sought new sources of revenue through donors and research grants, and participated in the University's voluntary early retirement incentive program, Ellwood wrote in his e-mail.
In 2008, the Kennedy School drew a quarter of its operating budget from its endowment—roughly the same fraction seen at the Medical School but only half of that seen at the Faculty of Arts and Sciences. As of June 30 last year, the Kennedy School's endowment...
While Ellwood wrote that "this is certainly the most heart-wrenching period our close-knit community has faced in many years," similar budgetary turmoil plagued the Kennedy School earlier in the decade and prompted staff reductions then as well.
In 2002, the Kennedy School eliminated 30 administrative positions and 17 adjunct faculty positions, half through staff attrition and half through direct layoffs, to help close a $5.6 million deficit exposed during the bear market.
Justice Anthony Kennedy's majority opinion agreed that the firefighters had suffered discrimination but took a softer tone, avoiding direct criticism of Sotomayor and her colleagues. "I found the Kennedy opinion really consciously restrained," says Tom Goldstein, co-chair of the Supreme Court practice at Akin Gump. "He pulled back...