Word: mellone
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Dates: during 1990-1999
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Eleven current and former Harvard students were announced winners of the 1998 Andrew W. Mellon Fellowships in Humanistic Studies last Friday...
Harvard had more fellowship recipients than any of the 54 other institutions represented among the Mellon Fellows. Yale University logged the second most student winners, with eight recipients, and Dartmouth University had the third most recipients with four awards...
...must match rates where possible. So if you sold a long-held stock at a loss before May 7, where the 28% rule applies, you're obliged to use it to offset any gains where the 28% rule applies. But, notes Jere Doyle, an estate-planning manager at Mellon Private Asset Management, if you have losses in excess of any gains at a given tax-rate level, you can use those losses to offset gains at another tax-rate level...
That's no small consideration--especially in high-cost regions like California and the Northeast, where longtime homeowners may have gains of $1 million or more. "We have a number of people in that category," Mellon's Doyle points out. If they sold or went to contract on a new house before Aug. 5, they can still roll that $1 million-plus gain into a new residence and avoid a hefty capital-gains tax. But if their gain is under $500,000, they should take the new exclusion and not pile up a big gain in their new home...
...explaining the latest piece to emerge from the grand jury or the deposition, putting it in context, dissecting its implication. Last Thursday the President was hyperventilating about a minor Associated Press story that suggested a Kenneth Starr Whitewater witness might be financially connected to the archconservative Pittsburgh philanthropist Richard Mellon Scaife. "The President is completely and totally obsessed with the intricate details of the story as it unfolds day to day," said a defense lawyer on the case. This is partly a reflection of character, partly of circumstance. "In one sense," says an adviser, "it's no different than...