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...terms of sheer financial disaster, however, it would be hard to match Montreal's 1976 Games. It has taken the city more than 30 years to pay off its extravaganza, the cost of which is still not entirely known, according to Humphreys. The Olympic stadium was a particular disaster; originally budgeted for C$156 million, it ended up costing the city C$2 billion, including numerous fixes to the roof and years of interest payments. The Quebec government had to introduce a special tobacco tax to help pay down its Olympic investment...

Author: /time Magazine | Title: Would Getting the Olympics Be Good or Bad for Chicago? | 9/30/2009 | See Source »

...shareholders about the cost until the asset is gone. For you and me, it would be like shoplifting at the supermarket and then dropping off cash every time you decided to eat something. A can of beans might not cost you anything for years. The rule is supposed to match the revenue generated by the stuff a company buys with its costs, and it is called depreciation. But to anyone other than a CPA, it looks like a sleight of hand. (See pictures of the top 10 scared stock traders...

Author: /time Magazine | Title: Can an Accounting Trick Rescue the FDIC? | 9/30/2009 | See Source »

...Professor Asish Nanda said he is leading a movement to reform the recruiting process that would entail transitioning law schools to a system similar to the method medical schools use to match students with residencies...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Tough Times For Harvard Lawyers | 9/30/2009 | See Source »

Harvard officials are currently reevaluating whether similarly restrictive agreements signed in the past can be renegotiated to match available resources with current needs...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERS | Title: Harvard Renegotiates South Korean Foundation Endowment | 9/29/2009 | See Source »

...opportunity to match up my background at Harvard and my professional life was just too good to pass up,ā€ Kirwan said in an interview with The Crimson on Friday. ā€œIā€™m bursting with excitement to get to Harvard...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERS | Title: FAS Hires State Finance Official | 9/28/2009 | See Source »

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