Word: membership
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Dates: during 2000-2009
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...writer’s humble background became a factor later, when the Signet Society—Harvard’s social club of arts and letters—almost did not accept Updike into their cloistered circle, since he could not pay the membership fee. Then-Crimson President Michael Maccoby ’54, who nominated Updike to the Signet, said that he convinced the Signet to waive Updike’s fees after telling them that if they did not allow him in, they would regret it for the rest of their lives...
...news was sobering University-wide. For the Faculty of Arts and Sciences, the University’s largest school, which comprises about a third of the union’s membership, the news was particularly bleak—FAS relies on endowment funding for over half of its annual budget, third-most among the University’s 11 schools. “A bad day,” Jaeger calls the date when the payout decision was announced. In fact, it was probably more than that: the first clear signal of how difficult it would be for HUCTW...
...closely align” with a new policy from Partners HealthCare, which owns two of Harvard’s largest affiliated hospitals. Partners chartered stringent regulations in April, imposing a blanket ban on gifts and forbidding administrators from having stock options in companies for which they hold board membership...
...forecast the exact movements of securities prices.Merton was a co-recipient of the Nobel prize in economics in 1997 for his work on the Black-Scholes model, ubiquitously used by traders to price options and determine expected volatility.But he has also gained notoriety in financial circles for his membership on the board of directors of Long-Term Capital Management, whose collapse threatened to imperil the global economy in 1998, prompting a government-orchestrated intervention.“If you look at the options model, it’s all about understanding the risk term,” he says...
...students became involved in these issues, UC members became better representatives. They could actively point to the opinions of the students who had elected them, and our council debates became longer and more nuanced as we began to consider the opinions of people outside of the room. The UC membership naturally expanded and evolved from a self-selecting governing body to a more inclusive group of concerned students...