Word: masco
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...their own power plant was the concept of "total energy"--a new way to provide cheap and reliable power by producing electricity as a by-product of steam generation, Harvard officials claim. So 11 medical-related institutions in the area, collectively known as the Medical Area Service Corporation (MASCO) threw their chips in with "total energy" and decided to build their own plant in Mission HIll...
...gives MASCO a 121A designation then under Mass state law MASCO would be allowed to construct the power plant...
Edward Laschman, Harvard's director of external projects, said the plant would be owned by a subsidiary of First National City Bank of New York and leased to MASCO...
...hundred and twenty million dollars is what Harvard, its umbrella organization, MASCO, and their affiliates plan to spend over the next four or five years for a package project of the power plant, a housing project, and the Affiliated Hospitals Center. The Harvard/MASCO plan will have an impact on the people in Boston that is almost unparalleled in urban development. It is one thing to replace a section of commercial downtown with similar commercial construction it is quite another to move $220 million worth of construction smack into the middle of an established neighborhood when most of that money will...
...MASCO--the Medical Area Service Corporation--is basically a front for Harvard. It is Harvard's baby, and Harvard's tool for consolidating and expanding its control over the hospitals and related medical institutions...