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...plans to start paying back its government loans this month. Repaying the direct government loans well ahead of the 2015 date contemplated by the Treasury Department when it helped GM reorganize during the bankruptcy is the first step toward an initial public offering of stock in the new GM. While GM received more than $50 billion in federal aid, only about $6.2 billion will be repaid in cash; the U.S. Treasury agreed to take stock in lieu of cash for much of the remainder, which gave the government a 60.8% stake in the new GM. Earlier this week, Treasury Secretary...
General campus development in Allston, the third and final phase of the new plan, will occur “as resources allow and only after a targeted evaluative process that will begin next month.” The process will be led by a new guided Work Team “with expertise in design, urban planning, business strategy, real estate development, and public policy,” according to the letter. The committee will include Peter Tufano, senior associate dean for planning and university affairs at Harvard Business School, Bill Purcell, director of the Institute of Politics and former...
...took us awhile to understand the attachment that the current students and alumni have to the name ‘Plympton,’” said Duehay, who thought of the following alternative only a month...
Sorina Codrea ’12, who participated in the Host Family Program during her freshman year, questioned the relevance of the host program due to the recent adjustments to the academic calendar, which now includes over a month-long January Term break...
People seem to be excited to come to see these romantic vestiges from one of the world’s most treasured poets. The exhibit has already earned a buzz, with so many anticipated guests that it will be moving to larger showcase area in Houghton this month...