Word: short-term
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...explained that short-term committees with highly specific purposes, such as the new ABL committee, must be appointed by the dean of FAS and not by faculty legislation...
...Viewed in a limited context-as a short-term deterrent to terrorism or as a means of containing a population, for example-walls can achieve their objectives. The slab surrounding the West Bank has dramatically reduced the number of suicide bombings inside Israel. The Berlin Wall successfully divided a city for decades. But Danny Seidemann, an Israeli lawyer and legal counsel to Ir Amim, an organization advocating for a Jerusalem that is shared by Israelis and Palestinians, says walls are more than just concrete and barbed wire. They are corrosive symbols of social and economic rifts and iniquities, divisions that...
Competition from direct lending should lead to greater efficiency overall, but it won't close the gap families face between what college costs and what aid is available. One short-term effect of the current scrutiny is that schools may be too afraid to try to broker better deals for students. "So you're on your own, parents, on finding that extra $4,000 you need this year beyond the federal limit," says an executive at an association of private colleges. But, alas, dear readers, the question of why college costs so much in the first place is another story...
...More than 7% of French university graduates in their late 20s are unemployed - one of the worst records in the European Union and about 50% higher than the E.U. average. Moreover, many of the jobs that are available to young people, even highly skilled ones, tend to be short-term and poorly paid. That's a consequence of a skewed labor market, which provides so much protection to full-time employees that firms are reluctant to hire people for anything other than temporary positions...
...stock market deliver that $10 billion in value? Why does it take Schwarzman and crew to squeeze it out (for themselves)? Some say it's the short-term perspective of the investing public. Some say it's excessive regulation, most of which doesn't apply to private-equity investments. Whatever the explanation, the billions earned by private-equity operations aren't "created," as the whimsical conceit of Wall Street troubadours would have it. These billions are a toll charge collected from ordinary investors...