Word: reportedly
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Despite last year’s shock to the endowment, Harvard’s endowment returns over the past 10 years have beaten those of university endowments on average, according to figures from NACUBO’s report. Harvard’s endowment has grown 8.9 percent since 1999, while the average university endowment netted a 4 percent gain...
...report also found that universities increased their use of “alternative strategies”—branching into private equity, real estate, and commodities—and held more cash and short-term securities in 2009 compared to 2008. The percentage of holdings invested in both domestic and international equities declined on average across universities...
Davis, who has contacted the city manager for an official report, has not yet responded to the housemates’ inquiry...
...Monday, Hamilton and a group of about 20 neighbors in opposition to keeping the birds attended the City Council meeting to voice their complaints. Fastman attended with a few of his housemates, expecting to hear from Davis about the city manager’s report. Instead, Fastman said they were bombarded by false allegations from neighbors, aside from Hamilton, who had never approached him, Allison J. Fastman, or Brasher in person to complain prior to that meeting...
Another component of the healthcare bill that is potentially devastating to our generation is the burden it places on small businesses. When one thinks of small businesses, one tends to think of mom and pop stores, family operations, and life savings. Yet a recent Kauffman Foundation report indicated that there is a “coming entrepreneurship boom” among people ages 20-34. The Democrats’ healthcare plan would require all small businesses with payrolls over $400,000—around one million employers—to cover healthcare or pay an 8 percent surcharge. This means...