Word: prudently
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Dates: during 1980-1989
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AFTER 17 years of fighting a support staff union organizing effort, Harvard has made a prudent move...
...letter to the Senators last week, Fed chairman Greenspan noted that current tax law encourages corporate borrowing. Companies, for example, can write off the interest on their loans. Greenspan suggested that Congress consider whether the tax incentives that are helping fuel the trend are still prudent. If Congress takes Greenspan's advice, the heyday of big-time buyouts could come...
THEY BARELY KNEW WHAT HIT THEM. Al Frank, publisher of the Santa Monica-based newsletter The Prudent Speculator ($200 a year), admits that he was "clobbered" by the crash and its aftermath. He regrets failing to warn his readers, saying, "We had a lot of new clients who had signed up at the top of the market. Their stocks did not do well. It was very sad for me." Frank, 58, lost $750,000 of his own money, and his subscriber list has dwindled from 5,700 a year...
...protect the taxpaying public and promote investment instead of speculation, Government regulators should sharply limit the amount of junk bonds and other risky investments held by institutions insured by federal and state agencies. In addition, the federal deposit insurance system should be revamped to ensure that it encourages prudent management at financial institutions. At the moment, regulators bail out mismanaged S and Ls and often turn them over to new owners who commit little or no capital of their own and who get a free ride to continue the institutions' speculative activity at no risk to themselves...
...also of Eliot House, says he wants to improve undergraduate advising and the shuttle bus system, as well as ensuring that the council is "particularly prudent in our distribution of grants," in light of the doubling of the council's budget this year from...