Word: representation
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The pay cuts will likely garner some level of popular support and allow the Obama administration to maintain an image of being tough on corporate excess. But they do not represent a long-term solution to a potentially recurring problem. Without long-term and thoughtful policy supporting these pay cuts...
Both funding sources represent isolated influxes into the annual budget, and will not be reported in subsequent years, meaning that the long-term deficit situation that Smith emphasized in a series of faculty meetings and community gatherings remains a concern.
In a move that clarified why administrators have tamed fiscal messages of late after months of stressing the Faculty of Arts and Sciences’ impending financial deficit, FAS Dean Michael D. Smith delivered the news Friday that the school had posted a $58.6 million surplus in its unrestricted funds...
But as much as Paschal and her UM colleagues can help a little, they represent only a drop in the bucket: with foreclosures continuing to rise, the shortage of lawyers available to represent homeowners trying to save their most precious asset has reached emergency proportions. (See a video of Joel...
“The nature of Harvard is very fragmented,” Allen said. “There’s no organization that could say we represent everybody across the board.”