Word: money
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Dates: during 1980-1989
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...Summer School is primarily, if not exclusively, an academic institution," says Dean of Continuing Education Michael Shinagel, who oversees the Summer School. "If we are efficient and successful and we make money, that is fine. We are there to run an economically viable, cost-efficient institution...
...course of its development, the school has emerged as a money-maker for its parent Faculty of Arts and Sciences (FAS), annually bringing in more than $2 million...
Most professors say they see no need to overhaul the Summer School, saying it can operate as a money maker while maintaining its integrity as a serious academic program...
...short answer: sleeping. Almost 5,000 reporters prowl the nation's capital, and during the Reagan era, many Washington insiders knew what any inquisitive reporter should have known: HUD, with its million-dollar contracts, was a feeding trough. "Everybody who talked about HUD knew there was money to be made," says Republican political consultant David Keene. Despite recurring gossip about payoffs and even some hard evidence, the nation's best TV news organizations, newspapers and newsmagazines -- including TIME -- failed to report the corruption at HUD until last spring, when an internal investigation jump-started the story. The entire episode says...
...inspector general sounded similar tocsins. But none of Washington's investigative journalists seemed to be listening. Part of the reason was that news organizations had tired of HUD after reporting the massive Reagan budget cutbacks at the agency in the early 1980s; once most of the money was gone, so were the reporters. Only a few regularly covered the huge bureaucracy...