Word: pensioned
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Dates: during 1970-1979
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...Putnam said he was leaning to the second alternative, but that he would carefully study all of them before making his recommendations to Bok and the Corporation. But in the course of a meeting with over 40 university financial managers and money men from almost every major foundation or pension fund--all of whom had a slightly different blend of the three alternatives--Putnam became intrigued with the idea of setting up an internal management company for Harvard. The idea was a novel one for universities and the possibilities for management innovation that internal management posed were unique...
...mysterious way it preserves instead of oppressing; the men of Leaf Storm and No One Writes to the Colonel--not a Buendia among them--are all slaves of a destructive sort of time. The remnants of Aureliano's revolutionary army are tricked into waiting paralyzed for a promised pension that never arrives. The whole town waits for death--the individual or collective crisis that might give them a sense of direction, something to fight against--and when death comes it comes as an anticlimax. The "leaf storm," the invasion of the banana company with its false prosperity and erratic electricity...
Egan, in fact, was reinstated. He retired as a first-grade detective with all privileges and pension rights in March 1972. A quote from the decision of the judge was to the effect that the handling of the case by the police department had been shocking. When the whole truth was brought out in the courtroom, the attorneys for the City of New York recommended that this decision should stand without challenge...
...trades. Three years ago, under pressure from the SEC and the Justice Department, brokers' fees on big transactions-at present $300,000 or more-were unfixed. That move led to genuine rate-cutting competition for the business of such big-block traders as insurance companies and pension funds. The drop in commissions has cost New York Stock Exchange member firms alone an estimated $80 million a year in lost revenues...
Corcoran said he made no political deals with the coalition over his retirement and the pension hike. "There have been absolutely no political deals or bribes whatsoever," he said...