Word: shrunk
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Friday’s report, which follows Harvard’s announcement last month that its endowment had shrunk by 30 percent this past year, also reveals billions of dollars in losses sustained through the University’s investments of cash designated for short-term expenses...
...hold on to much of its retail and corporate bank. A Citi spokesperson says that continues to be the bank's plan. In July, CEO Vikram Pandit told financial-news outlet Bloomberg that the bank is "moving extremely fast" on asset sales. He said the bank had already shrunk its assets...
...shipping rates. And that frantic buying and selling was a boon for manufacturing. As U.S. consumers flexed their credit cards for flat-panel TVs and video games, factories sprouted around the world to make all the stuff that was crammed into consumers' SUVs. But amid the recession, spending has shrunk dramatically, as debt-laden U.S. consumers are learning to save - and those factories have a lot less to do. During the downturn, the rates at which industrial capacity was being utilized in the U.S. and Japan, the world's two largest economies, plummeted to the lowest levels on record...
...freaked-out moderate and swing-district Democrats who are now gun-shy, regardless of what is in the bill," says Charlie Cook, editor of the nonpartisan Cook Political Report, which tracks congressional races. "The question might be how much a bill would have to be shrunk to get a majority of 218 votes, and if they do shrink it enough, do they lose liberals on the other side? Quite simply, they have a disaster on their hands." (See 10 players in health-care reform...
...terrible, terrible time to be a student or a parent looking at four years of tuition and fees and late-night snacks. Not only are families' budgets hammered, but a lot of college endowments have shrunk. Frankly, colleges should be insisting that students take a gap year after high school, for three reasons. One, students can spend the year earning money toward college. Two, they grow up during that time. And three, we taxpayers have been footing the bill for their education through high school, and it's time for them to maybe give back to the community through public...