Word: leniently
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That’s not to say Harvard should be taxed at standard corporate tax rates and its funds be deposited into the government’s general accounts. One good compromise would tax the endowment at a lenient rate and use the funding exclusively for public higher education. Such a program would redirect a sliver Harvard’s income in a way that would still, in Faust’s words, “enable students and faculty of both today and tomorrow to search for new knowledge...
...little by little, interest-free. No credit card required. Tired of dry-cleaning bills? Ann Taylor Loft promotes the fact that most of its clothes are now washable. And if you suffer buyer's remorse, more than half of retailers say their holiday return policies will be more lenient than usual, up from 35% who said so last year, according to NRF's return-fraud survey...
...don’t think we’re becoming more lenient,” said W. James Simpson, chair of the Literature and Arts subcommittee. “We are just looking at courses that come our way, and we judge them according to the criteria of Literature and Arts...
...action movie based on a violent video game... and it's rated PG-13? Honestly, what's the point? I know PG-13 is the new R; the Motion Picture Association of America's ratings system is a lot more flexible-lenient-craven than it used to be. When Judd Apatow comedies and the grotty-Guignol The Dark Knight can secure the unrestricted rating, it's clear that the old sheriff has been replaced by a parole board. But if an R means anything, it's that moviegoers get to see the bone-cratering damage a fist...
...Sophisticated investors took Moody's and S&P's word for it, and it turned out that the agencies didn't know what they were doing. Credit raters, who claim to offer only opinions, are party to Wall Street's cycles too. At the beginning, they're far too lenient with borrowers, who are the ones who pay their rating fees. Then, after a couple of embarrassments - remember Enron and WorldCom? - the raters tighten up, maybe too much. Then memory fades, and the cycle repeats...