Word: shaping
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...Quad now.” In spite of the protest last week, HCL attributed the changes to recent discussions of student needs. “We do not consider protests a useful approach to solving problems—instead research, analysis, and reasoned discussion generally tend to shape changes in our libraries,” Nancy M. Cline, Roy E. Larsen Librarian of Harvard College, wrote in an e-mail. But members of the UC commended QUAD’s efforts as instrumental to the campaign. “I think that the protest really showed that there...
...plan had enough assets to cover only 59% of promised retirement checks. That was after the city had sold $1.2 billion in pension-obligation bonds in 1999, the equivalent of paying your mortgage with a credit card. At the other end of the state, Pittsburgh was in even worse shape. In 2003, the police pension plan had enough assets to cover just 33% of promised retirement pay. That, too, was after Pittsburgh peddled $302 million in pension-obligation bonds between 1996 and 1998. In the end, taxpayers in both cities will have to pick up the tab. The place with...
...money. That's projected to occur around 2013. At that point, Congress will be forced to decide whether to bail out the agency at a cost of $100 billion or more. When judgment day comes, other economic forces will influence the decision. Medicare, which is in far worse shape than Social Security, already is in the red on a cash basis. In what promises to play out as a mean-spirited competition, Congress has laid the groundwork to pit individual citizens against one another, to fight over the budget scraps available for those and all other programs...
...already undercut the employees' effort. Rather than file for bankruptcy in Boston, near the corporate offices, the company took its petition to Wilmington, Del., and a bankruptcy court that had developed a reputation for favoring corporate managers. There, Polaroid's management contended that the company was in terrible financial shape and that the only option was to sell rather than reorganize. The retirees claimed that Polaroid executives were undervaluing the business so the company could ignore its obligations to retirees and sell out to private investors...
...Shape of the River: Long-Term Consequences of Considering Race in College and University Admissions,” former Princeton President William G. Bowen and former Harvard President Derek C. Bok describe the “broad aims of the admissions process” as including, “the need to assemble a class of students with a wide diversity of backgrounds, experiences, and talents.” They argue, further, that such diversity is beneficial to their student populations, and to society in general: the authors cite evidence that, between the 1976 and the 1989 college entering cohorts...