Word: nonprofitability
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Venture capitalist Jeffrey J. Bussgang ’91, former industrial executive James M. Sharpe, and nonprofit and private equity specialist Jeffrey C. Walker will join Decker at HBS for the duration of the school year...
...Slow Money Alliance, set up as a nonprofit, brings the tenets of the Slow Food movement (buying local) to finance - exploring investment vehicles that re-circulate within the local economy, minimize environmental impact, stress diversity over monoculture, and earn decent returns. Tasch wants to give investors a stake in "restorative economy," building the food and ecological infrastructure on a community to community basis. (See the top 10 financial-crisis buzzwords...
...most Americans are all too used to the dispiriting reports of the security situation in Afghanistan. But the graphic images of U.S. embassy guards engaged in all manner of obscene, drunken behavior that emerged last week were still shocking. The revelations were presented in detail by the nonprofit Project on Government Oversight (POGO), which sent a letter on Sept. 1 to Secretary of State Hillary Clinton exposing an alleged atmosphere of fear and coercion among guards at the embassy in Kabul, which involved bacchanalian parties, hazing, prostitution and drunkenness. "The lewd and deviant behavior of approximately 30 supervisors and guards...
...June 2007, one month before he was to officially start managing security for the embassy, Sauer found himself fired, along with his deputy, another retired Marine, Peter Martino of New Hampshire. Their case - which had the support of the Government Accountability Project, a nonprofit public-interest group that promotes government and corporate accountability - was settled out of court; its terms bar the parties from speaking about the case, and Sauer's attorney says neither she nor her client can speak to TIME. Sauer, however, isn't the only former ArmorGroup employee to make similar allegations about the embassy contract...
...impact.) Obama said more explicitly than he has before that he is open to watering down the public option. "Some have suggested that the public option go into effect only in those markets where insurance companies are not providing affordable policies. Others have proposed a co-op or another nonprofit entity to administer the plan," he said. "These are all constructive ideas worth exploring...