Word: morgans
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Dates: during 1980-1989
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...Search Video in the Atlanta suburbs, estimates that ten dish dealers in the area have closed their doors in just the past two weeks. Many consumers are upset that the costly dishes they bought in pursuit of video independence may turn out to be duds. Says Vincent Morgan, 41, who has a dish in the backyard of his south Los Angeles home: "When the skies go black, a lot of people are going to end up with a very expensive birdbath...
...most recent dinner Saturday night featured chicken by the Faculty Club, poetry by Boylston Professor of Rhetoric and Oratory Seamus Heaney, and a speech by Helen H. Vendler, professor of English and American literature and language. The annual award for service to the arts was presented to Agnes Morgan, curator of the Fogg Museum for 50 years...
...need to protect the endowment's purchasing power from market and inflation fluctuations can also guide the way Harvard invests. "Universities live to a certain extent off endowments," says Nicholas Potter, head of investments for J. P. Morgan and Company. "They take a different approach than pension funds and tend to be more conservative because they can't take risks in the long term...
...client. Wall Street firms executing transactions for HMC collect a commission on each trade, and the firms compete for HMC business. "Every [Wall Street firm] tries to get as much business out of Harvard or more," says Hilzenrath. In addition to HMC initiating a trade, Hilzenrath says that Morgan Stanley will try to drum up some business for themselves by suggesting investments...
...organizations do [management] internally and hire outsiders for what they don't have the ability to do," says Morgan's Potter. "Harvard has a big enough endowment that it can afford to do a lot [of management] themselves. What's right for Harvard may not be right for Yale...