Word: putnam
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Dates: during 2000-2009
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...makes no sense to pay two high-salaried managers and their staffs to maintain similar portfolios. Also, running a fund with modest assets is difficult, and with so many investors feeling burned by stocks, there's little prospect for asset growth anytime soon. That was the case at Putnam, where the $759 million Balanced Retirement Fund was merged into the $4.9 billion George Putnam Fund (another balanced portfolio) as one of 11 fund eliminations...
...some reason, in George Wilcox’s own letters to Greenough he chose to refer to several of the men involved not by their real names, but by a strange cipher. Dreyfus was referred to as Parker, Cyril Wilcox as Potter, Saxton as Preston, Roberts as Putnam, Cummings as Pope and Courtney as Piper...
George Wilcox also discovered that the “Ken” mentioned in Roberts’ letter was Cyril’s freshman roommate, Kenneth Day. Referring to all the evidence in the letter, he concluded: “It will be enough anyhow to put Putnam [Roberts] out of business if you choose...
Still, Yale’s gargantuan, Harold Bloom-induced edge in things like English does not change that the two schools have such similarly talented people in the sciences. Look, for instance, at the historical results of the Putnam mathematics competition. The Putnam is rare, even unique, in how directly and objectively it pits students at various colleges against each other in a subject that every college teaches. Harvard has won 23 times in the competition’s 62-year history. Yale has yet to win. Harvard also has more second-, third- and fourth-place finishes than the Elis...
...precincts where most of the River Houses vote saw lower figures—30 percent at Quincy House and 37 percent at the Putnam Apartments. The Gund Hall polling place, where first-year and Adams House residents vote, saw 45 percent turnout. Those figures were slightly offset by 58 percent turnout at the Quad’s two Peabody School precincts...