Word: maximum
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Dates: during 1970-1979
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...folks' section. "Can you imagine what would happen if there was massive tear gassing?" says Nightbyrd. "Those old people can't run, and some of them would die." Eventually, Pomerance set aside two grassy areas in front of the convention hall for demonstrations. A believer in "maximum security with minimum visibility," Pomerance arranged for the fences around the demonstration grounds to be decorated with hibiscus bushes...
Skeptics, including many distinguished scientists, remain unconvinced that every precaution has been taken. During a reactor's operation, the worst possible contingency is the uncontrolled melting of its nuclear core. To preclude such an occurrence, which the AEC calls "the maximum credible accident," the core is continually bathed in cooling water; the AEC even requires an emergency set of pipes and valves to continue supplying the water if one set is severed. Unfortunately, simulated tests by the AEC itself have shown that the reserve pipes, the "emergency core cooling system" (ECCS), may also fail. What would happen...
...which copies most of its ideas, and much of its language, from an earlier study by the Committee on Governance. "Harvard and Money." Without saying how, it recommends that the University should concern itself with the social behavior of companies it has already invested in on the grounds of maximum financial return, then goes on to suggest the establishment of several more committees plus a "Faculty for the Study of Social Problems," an idea whose time will never come. Over the past year, President Bok and the Corporation have issued and propagated several documents on Harvard investments, revealing escalating anguish...
...life of the university. The authors carefully dispatch both the theory that stockholders can't or shouldn't influence the companies they own, and all arguments in favor of divestiture except in very specific circumstances. They conclude that investments should almost always be made for maximum financial return, with universities exercising their moral duties as stockholders of companies they have bought for that reason, and they establish that the dollar cost of such stockholder activism is small...
...positions in society, their claims to high service and moral leadership, by actively using their endowments in an attempt to reform the American corporate system as a whole. This means buying a few shares just to make trouble (becoming an institutional Wilma Soss). This means acting in concert for maximum leverage. This means initiating stockholder action, not waiting for others--because if the beneficiaries of free enquiry won't act, who will...