Word: resorting
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Dates: during 2000-2009
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Although time-shares may be temptingly inexpensive, experts warn they should be vacation plays, not investment plays. "Don't buy it to flip it," cautions Howard Nusbaum, president of the American Resort Development Association. Buyers need to be cautious and carefully read all the fine print in the contracts, especially when purchasing a resale unit. State laws regulate sales of new time-shares but not resales...
...also for this entire institution. But for the Crimson, cutting nationally-ranked teams or those still finding their footing does a disservice to the mission of DHA. As we await the announcement of the 2009-10 budget, let’s hope that such drastic measures are a last resort...
...Unlike the U.S., where companies slash jobs at the first sign of financial trouble, many of Singapore?s largest companies are controlled by the government. Retrenchments at such government-linked giants as offshore oil rig builder Keppel Corporation, shipper Neptune Orient Lines, or DBS Bank are considered a last resort, after pay cuts, reduced employer contributions to retirement funds, and unpaid leave. A spokesperson for Singapore Airlines, for example, confirmed that in early April roughly a tenth of the airline's 14,000 employees had agreed to take unpaid leave. (See 25 people to blame for the financial crisis...
While cost-cutting measures are certainly necessary given the FAS financial situation, trimming the faculty to decrease costs harms a central mission of the University to maintain the highest standard of education possible. Measures that directly threaten Harvard’s quality of education should be a true last resort...
...lifted. We appreciate the need for cost-cutting measures in these difficult economic times, but the University’s mission is to provide education of the highest caliber. Intentionally decreasing the size of the faculty is inconsistent with that mission and should only be seen as a last resort...