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...with a supposed commitment to charity. Thanks to the lofty claims these organizations parade on posters, purchasers are led to believe that all proceeds from the highly priced tickets are donated. However, with an interpretation of honesty that Bill Clinton would be proud of, there are often no actual profits??and consequently, no donations. To market an event based on the assumption of charity and then fail to give away a cent is the peak of hypocrisy. Equally reprehensible is the tacit acceptance suggested by the administration’s failure to enforce these organizations’ promises...

Author: By Olivia M. Goldhill | Title: Charitable Misgivings | 5/20/2009 | See Source »

...This can be achieved through the simple demand that any claim to “donate all profits?? must be followed with an actual donation—if need be, from the organization’s own pocket. Student groups could also follow Eleganza’s more recent example; for the past two years, organizers with a clearly different outlook from previous years have set aside a concrete donation as an event cost. Furthermore, student groups that advertise an intention to donate should also publicly announce the amount eventually given. Such policies would allow students to make...

Author: By Olivia M. Goldhill | Title: Charitable Misgivings | 5/20/2009 | See Source »

...Eleganza is an impressive event in its own right, and, although the organizers’ current outlook is commendable, its past false dedication to charity is less worthy of admiration. Similarly, the absence of concrete regulations to prevent abuse of the term “donating all profits?? suggests that responsibility for the lack of attention awarded charitable donations extends beyond student groups to University Hall itself. The Office of Student Life and student groups themselves must work to end this lamentable practice—Harvard may be a breeding ground for future politicians, but students should resist...

Author: By Olivia M. Goldhill | Title: Charitable Misgivings | 5/20/2009 | See Source »

...caught illegally sharing files—a number that included, the Wall Street Journal later reported, “several single mothers, a dead person and a 13-year-old girl.” But the movement was not conceived in a vacuum, coming amidst a hail of lost profits??14 percent in the space of four years—that the industry said coincided with an uptick in the purchase of blank CDs and the use of peer-to-peer sharing networks...

Author: By Christian B. Flow, CRIMSON STAFF WRITER | Title: Building the Public Domain, Part I | 5/9/2009 | See Source »

...Convexity helped to inspire investor confidence, even as overall investment in startup hedge funds declined by nine percent in 2006. Meyer’s faith in his team’s ability to consistently beat the odds led him to make Convexity’s 20 percent commission on profits??a standard percentage for hedge funds—contingent on its ability to beat various benchmarks. This risky payment plan proved very expensive for Meyer and his team this year. Analysts attribute Convexity’s lower performance to the fact that their particular style of investment, which...

Author: By Nathan C. Strauss, CRIMSON STAFF WRITER | Title: Convexity Capital Falls Short of Expectations | 2/15/2007 | See Source »

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