Word: legacyism
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Dates: during 2000-2009
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The situation has become bad enough that the FDIC, which is responsible for the "legacy loan program" to remove toxic loans from banks' books, is considering alternative plans to the one rolled out at the end of March by Geithner. A senior Treasury official says the legacy securities program, which...
Why not? When the legacy loan and securities programs seemed unworkable in February, the market collapsed. But both Treasury officials and the market now believe that the banks aren't in as bad of shape as everyone thought back then. The fact that they can raise so much money from...
In 2007, then-UC President Ryan A. Petersen ’08 described Gross as a “friend to Harvard undergraduates” with a legacy that “improved Harvard College.” During his tenure, Gross was recognized for establishing the Cambridge Queen?...
By their graduation, the class of 1984 left Harvard struggling with what seemed to be a growing problem: year after year, more women at the University were reporting incidents of sexual harassment.Just months after the administration drafted a new policy that outlined procedures for reporting incidents of sexual misconduct, the...
“Miracles happen to those who believe in them,” Bernard Berenson, class of 1887, once said. And surely he must have believed in them. Though he began his life as a displaced Lithuanian immigrant, Berenson wound up a regent in the court of his own...