Word: minimum
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Dates: during 2000-2009
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Most of that money has flowed in from the very wealthy, who can pony up the $1 million minimum investment required by the typical hedge fund. But Wall Street is making hedge funds and similar investments more accessible to the merely well-off. That's a welcome development, but it's one that requires some caution about fees, returns and types of funds. Hedge funds come in many varieties and are by no means a sure thing--especially those that use a lot of leverage and make big bets. Recall the disastrous collapse of freewheeling Long-Term Capital Management...
CyberRebate wasn’t the only company hurting. As the Internet bubble started showing its first signs of collapse so did Kozmo’s business plan. The company instituted a minimum order of $10 (how many Sour Patch Kids is that again?) and before gasping its last breath, finally started charging for delivery. Harvard kids returned to 7-Eleven in droves, and in April 2001, Kozmo made its final delivery way, way behind schedule: 1,100 pink slips...
...equality or gay rights. To be truly liberal and progressive, you’d better be willing to toss aside more than just your parents’ stodgy views on race in America. You’ve got to toss aside corporate profits, individual wealth and, yes, rational minimum wages in the interests of the greater good of the American people. But Harvard students are reluctant to pay higher taxes, because they’re the ones destined for the highest tax brackets. And there’s the rub: The average Harvard student isn’t willing...
Many say that they don’t want their neighborhood to become a “science city,” and they aim to keep development at a minimum in their neck of the woods—and they, like many other Cambridge activists, often ask why Harvard doesn’t just put its projects in Allston...
Stanford also offers up to eight units for “activity courses” which allow students to count music or physical education classes—even golf—to be counted toward the minimum 180 units...