Word: regardless
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...difference between the projected and actual rates of return is critical. Pension managers assume that they achieved the projected rate, regardless of their actual results. The idea is to smooth volatile returns over long periods. But this practice produces some volatile returns over long periods. But this practice produces some gross distortions. Of 355 companies in the S&P 500 that offer a defined-benefit plan, 52 report profits from their pension fund when the fund is actually costing the company, according to UBS Warburg. The study concludes that S&P 500 companies are now $126 billion short of what...
...Crimson still needs a Princeton loss or tie against Cornell next Saturday to stay in the Ivy title picture. But regardless of whether it claims the outright league crown or not, Harvard proved the actual distance between the two teams was nothing like the disparity in the teams’ records and national rankings entering the game...
...Staff seems content to compromise the welfare of Cambridge students for the sake of cutting costs. The students in question benefit tremendously from their small class size, which should be maintained regardless of the short-term budgetary implications. The $1 million price tag is negligible in the context of tens of millions of dollars in the Cambridge Public Schools budget, and a temporary deficit for a year would be far better than the confusion, aggravation and demoralization that would occur from consolidating and downsizing programs that have been created to benefit Cambridge students’ various learning styles...
...meaningful. The recommendation is misguided, however, in its revised method of choosing the winners of the awards. Honors should be awarded based on individual achievement—an absolute GPA cutoff—rather than achievement versus one’s classmates. Outstanding work should be recognized and honored regardless of how many other students have produced equally outstanding work. As long as these awards persist, the method by which they are awarded should not be changed...
...about predator priests, deserved as much deference as the rules of a golf club. Connell is unlikely to resign. His friends say he may be old school, but feels every error is being transmogrified into a cover-up, and looks forward to clearing his name in an inquiry. Meanwhile, regardless of what happens to him, "the anger is huge," says one Irish priest in Rome. "You think you've heard it all and then you're hit again - and there's more to come." It will keep coming, the victims say, until the church is cleansed and reformed...