Word: moneyitis
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Former Dean of the Harvard School of Public Health Barry R. Bloom noticed in 2001 that he had “virtually no money in the richest university in the world to do all kinds of new interesting things [he had] wanted...
...needed to hire someone, if someone lost a grant, [and] there was research that we thought was promising, [but] the NIH hadn’t anticipated, we could keep this place going in exactly the same directions we thought were important on our own money,” Bloom said in an interview earlier this month...
Though Bloom had not accounted for a major economic recession when he created the reserve funds—worrying instead that federal research funding might decline—he said he hoped that the money set aside would help the School of Public Health pull through current economic troubles...
Breaking that stranglehold will take more than just popularity and money, both of which Pacquiao has by the truckload. On March 26, upon his return from the Clottey fight, he was mobbed by media and jubilant fans at the airport, before being driven in a bulletproof Chevrolet Tahoe guarded by armed police to Sarangani. Roughly the size of Rhode Island, Sarangani (pop. 411,713) is a coastal province where people scrape a living from fishing or farming. Pacquiao grew up in the province's sleepy town of Kiamba, and with one eye on the congressional campaign built a house there...
...Really? Less than two days after his homecoming, the boxer could be spotted playing Texas Hold'em at a windowless poker joint in Manila in the small hours. Peering protectively through nearby pot plants was his Canadian über-gofer Mike Koncz, who sat next to a bag of money. Twelve hours later, Pacquiao was still playing...