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Late in the week Unocal announced a second strategy to persuade shareholders not to sell out to Pickens. The company said that its executive committee would recommend transferring ownership of 45% of Unocal's domestic oil reserves to a partnership made up of shareholders. That, said Unocal, would give the stockholders tax benefits and probably raise the annual return on their investment...
...been detected earlier either by a colonoscopic inspection or a barium enema. Said Dr. Stephen Hanauer, a gastroenterologist at the University of Chicago: "The bottom line was, if he had either blood in his stool or a polyp last year, then our way of dealing with that is to recommend examination of the entire colon for polyps." The President's doctors stood fast, explaining that they had decided against a scan of the entire bowel after the discovery of the first polyp because it was in fact merely a "pseudopolyp," more an inflammation than an actual growth. In following...
Still, knowing what he knows now, Cattau admitted, he will recommend that the President undergo more frequent colon examinations. It is now clear, he said, that the President is prone to polyps. In fact, the tendency may run in the President's family. Oller disclosed that the President's brother Neil, 76, a retired California ad executive, was recently diagnosed as having cancer of the colon. Said Oller: "I would recommend that Reagan have a repeat colonoscopy in six months...
Sachs presented a course of action that social-development workers like me have been waiting for. On the global scale, his recommendations deserve swift implementation. But on the micro or country-by-country level, I would strongly recommend the inclusion of what I would term cultural economics: values education that would make adults discard the beliefs, customs and lifestyles that are obstructive to human development. Poor societies at some point must decide for themselves to foster and support responsible sexual behavior that leads to an AIDS-free lifestyle. Donors may build irrigation facilities, but beneficiaries must ensure their continuing operation...
...would also reveal Harvard’s positions to other investors, and it would set a dangerous precedent. The HMC cannot feasibly operate with student oversight. Continued divestment proponents should be content with CCSR’s new spirit of scrutiny—as evidenced by its decision to recommend divestment from PetroChina—and trust the Corporation, and the HMC, to police themselves. Lines have to be drawn. Ultimately, the benefits of ridding Harvard of a few more million dollars of questionable stock pale in comparison to the importance of the health of Harvard’s investments...