Word: merger
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Dates: during 1990-1999
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Though the jury is still out on what exactly the merger will mean for Radcliffe itself and for Harvard as a whole, it appears as if the union has already spawned one unfortunate and unforeseeable consequence. In its formative stages, the Ann Radcliffe Trust seems to have taken to incorporating one of the University's worst attributes--a love for the cloak of secrecy...
...failure of the name-change amendment, coming nearly eight months after Harvard first announced it would merge with Radcliffe and over two months after the actual merger, irked some council members...
...wake of the Harvard-Radcliffe merger, students say they are concerned that the inclusive spirit of the Radcliffe Union of Students (RUS), which used to control funding for women's groups on campus, will be lost in the closed-door process...
...Shemmer heads back to the same Web research he did this morning. I wander around the office to see what the other analysts do. I spend time with one employee who specializes in writing fairness opinions--reports outlining for shareholders whether they're getting a fair deal in a merger. The number crunching and boilerplate legal writing seem dull, but it's still a high-wire act--shareholders who feel cheated can sue Broadview. "It's a pretty amazing responsibility for someone my age," the analyst says...
...insures deposits up to $100,000, but when banks merge, the insurance does not add up with it. Do you have separate accounts totaling more than $100,000 at two merging financial institutions? First, congratulations. Second, remember the combined amount will be covered only until six months after the merger is completed. Beyond that, deposits held under the same name or type of account are insured only up to the $100,000 limit. "It's up to you to restructure your accounts during the six months," says FDIC counsel Christopher Hencke. If you have single-ownership accounts, you can convert...