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...most recent round of bonuses at some of the nation’s most moneyed corporations has not escaped the notice of the Obama administration, which has ordered average compensation reductions of 50 percent at seven of the largest recipients of federal bailout funds. The cuts will affect the executives of some of the companies most closely linked with the recession, including American International Group, General Motors, and Citigroup. However, other firms that have already paid off their bailout loans, like financial behemoths Goldman Sachs and Morgan Stanley, are immune from these restrictions and may continue to award massive bonuses...
Approximately 70 percent of in-state physicians support the current Massachusetts Health Care Reform Law that authorized near universal health care coverage for the state in 2006, according to a study released by the Harvard School of Public Health earlier this month...
...study’s researchers also acknowledged that the reform’s positive results have come with “trade-offs,” including administrative burdens and higher costs. About 50 percent of the physicians polled said they believed the law was “hurting” the overall cost of health care in Massachusetts...
...must whittle down its expenses after the endowment lost $11 billion—30 percent of its value—this past year. The Harvard Corporation slashed its endowment distribution to FAS by 8 percent for the fiscal year ending July 2010, and is planning to cut another 12 percent the year after, University President Drew G. Faust said at an October Faculty meeting...
...funds. He also repeated what has become a continuing note of caution—adding that FAS should be careful to hire faculty and staff only with the assurance of long-term funding. FAS must whittle down its expenses after the endowment lost $11 billion—30 percent of its value—this past year. The Harvard Corporation slashed its endowment distribution to FAS by 8 percent for the fiscal year ending July 2010, and is planning to cut another 12 percent the year after, University President Drew G. Faust said at an October Faculty meeting...