Word: launching
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Dates: during 1980-1989
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...that would leave the University in a major bind, professors and administrators say. Essentially, Harvard would then be forced to launch major recruiting drives for professors at a time when it has become increasingly difficult for the University to attract the top-notch scholars it has always sought...
...courageous proposals, even as he artfully wooed legislators to ensure a warm reception. By the time the new President made his triumphal entrance into the House chamber, beaming and backslapping like a joyful alum at a Yale reunion, the stage was set for the programmatic speech that would boldly launch the Bush Administration...
...most scandalous financial mess. Devastated by a legacy of bad management, rampant fraud and inept Government supervision, more than 500 of the 3,150 federally insured thrifts had fallen into insolvency as of the beginning of last year. Because the U.S. failed to own up to the problem and launch a major rescue soon enough, the cost has now grown higher than almost anyone had imagined. Says Michigan Democrat Donald Riegle, chairman of the Senate Banking Committee: "We've never faced a problem of this scale. The answers aren't going to be happy ones...
...Winthrop House resident Randy K. Toth '90. The giant sloth, a now extinct species that gained fame in Darwin's Origin of Species, slept 22 hours per day and woke only to eat. Believing that the somnolent creature is an appropriate mascot for some Harvard students, Toth decided to launch a Giant Sloth Movement...
Thanks to hefty tax breaks that the Government allows for ESOPs, investors who launch a takeover can reduce their borrowing costs if they set aside part of the stock for employees. At the same time, corporations seeking to repel raiders can use an ESOP as a way to put a chunk of the company into relatively friendly hands. "Every corporate treasurer is looking at it," says Paul Mazzilli, a principal at the Morgan Stanley investment firm. In recent months, three major corporations -- J.C. Penney, Ralston Purina and Texaco -- spent a total of $1.75 billion on ESOPs to shore up their...