Word: lavishness
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...lavish praise—and money—bestowed upon the managers of Harvard’s esteemed $19.3 billion endowment, nearly half of the University’s investments are actually made by external managers who are not on the Harvard payroll and do not report directly to the University...
From the outside—and, indeed, sometimes from the inside as well—Harvard today can appear much as it was 50 years ago. Certainly, there is more diversity than ever before, but the College remains the home of countless black tie balls, lavish dinners and drunken garden parties. As a result many observers seem to think that spoiled students can idle away their time here, thanks in large part to rampant grade inflation, before slipping effortlessly into the upper echelons of American society...
...After all the contentiousness about current politics, a celebration of a grand old style. The closing-night party featured a vivid display of fireworks and a lavish concert of Cole Porter songs rendered by the singing stars - Kevin Kline, Ashley Judd, Natalie Cole, Alanis Morrissette and Sheryl Crow - of the new Porter biography ?De-Lovely.? Cannes 2004 went out on a swellegant, elegant high note...
...MARRIED. Australian MARY DONALDSON, 32; to Denmark's CROWN PRINCE FREDERIK, 35; in Copenhagen. The couple, who met in a bar during the 2002 Sydney Olympics, was wed in a lavish royal ceremony. The onetime real estate agent is now in line to be Queen...
Under new campaign-finance rules, big donors can no longer spend lavish sums to entertain politicians at the parties' national conventions. But that won't stop the partying this year. House majority leader Tom DeLay has set up a tax-exempt charity called Celebrations for Children, which will raise hundreds of thousands of dollars from top donors at the Republican Convention in New York City by offering them yacht cruises, tickets to Broadway shows and the chance to mingle with Republican lawmakers at parties. DeLay aides say all the net proceeds will go to programs for foster children, a cause...