Word: placement
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...formed in 1972 to examine Harvard's holdings in publicly traded stocks, which at the time constituted almost 100 percent of the University's investment strategy. But now, the endowment's money managers have sunk more than $1 billion into the high-risk and high-yield realm of "private placement" investing that includes venture capital and leveraged buyouts. Although profitable, such deals have been recently questioned by Congressional panels and consumer advocates for their ethical and economic implications. But because these deals aren't covered by ACSR, they haven't been questioned at Harvard. Now it's time to start...
...Aeneas Group--This group of HMC-affiliated companies oversees much of Harvard's "private placement portfolio." It includes the risky, high-yield holdings of real estate, oil and gas, venture capital--in which a private investor provides funds for start-up or rapidly growing firms--and leveraged buy-outs, in which large amounts of capital are used to oust current management and take control of a targeted company...
...Abyssinian Baptist Church has led whitewashing expeditions through the streets of Harlem to cover up billboards promoting such products. In Chicago a mysterious crusader who calls himself Mandrake has been painting over similar billboards in black and Hispanic neighborhoods. Several billboard companies have responded by voluntarily limiting the placement of certain ads. Since January the Patrick Media Group of Scranton, Pa., has eliminated its ads for cigarettes and liquor near schools and churches in 15 major cities...
...came to this college because there is no math requirement. I actually laughed when I got about the lowest score on the math placement test in the class of '93. The registrar suggested cross-registration at Cambridge Rindge and Latin for remedial algebra, but I told her that I would never need to know more math than my checkbook required--and that meant never dealing with more than three digits...
Elling said he hoped the experience would encourage students to seek jobs abroad with the help of Harvard's overseas placement office, the largest of its kind...