Word: mellone
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Dates: during 2000-2009
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...though, a gas tax that puts a floor on fuel prices may be the only way to break America's SUV addiction. But Obama has said he's not interested. "You need a price signal. Regulations alone won't do it," says Lester Lave, director of the Carnegie Mellon Green Design Initiative...
...Tinted Windows makes for an intriguing prospect. But the actual product has little in common with the past achievements of the bandmembers. Tinted Windows is 36 minutes of three-chord power-pop, and one is hard-pressed to find any connection to the textural diversity of “Mellon Collie and the Infinite Sadness,” Smashing Pumpkins’ 1995 masterwork, or to the sheer energy of Cheap Trick’s “Heaven Tonight.” To be sure, both Fountains of Wayne and Cheap Trick superficially occupied a similar power pop sphere...
...Because of these issues, muni bonds don't seem particularly cheap even though munis now yield more than Treasuries. Indeed, Gary Strumeyer, head of capital markets at Bank of New York Mellon, says munis are no longer in the same rock-solid category as Treasuries, so it's not even a fair comparison. "Every investor needs to understand the many risks associated with purchasing muni bonds these days," he says...
...current economic crisis is a black swan. “There was tremendous uncertainty [in the fall] with Bear Stearns, Lehman Brothers, and AIG, and I don’t think anybody knew what was going to happen.”John F. Flahive, a vice president at BNY Mellon Wealth Management, which purchased $10 million of Harvard’s tax-exempt bonds, said that he does not think the bonds’ rates were inappropriate, nor does he think that the University’s collateral obligations forced financiers to issue debt at unfavorable rates...
...system was a gift. Unsurprisingly, it was a gift from a wealthy white man. Surprisingly, this particular man was a Yalie named Edward Stephen Harkness. With millions from his shares in the Rockefellers’ golden swan, Standard Oil, Harkness was a philanthropic plutocrat in the tradition of Carnegie, Mellon, and Rockefeller himself. After being rebuffed by Yale, Harkness came to University President A. Lawrence Lowell in the fall of 1928, offering over $3 million to build a residential college system that would “bring into each group men from different parts of the country, men with different...