Word: smalling
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Dates: during 1970-1979
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...When the company was founded, I felt it was important to keep the number of people small--it's cheap, effective, and lets you focus on the major issues," Cabot says. "The great joy and benefit Harvard has is one account for one group of people around a table...
...attracted and held onto an above-average group of investment specialists because it gave them a chance to spend all their time making specific decisions on which account, Harvard's $1.4 billion endowment. They don't spend much time on internal administration because the company is so small, and they don't spend any time on attracting more business or customers because the Corporation won't permit it. "They get to spend 90 or more per cent of their time on the fun part of it," Putnam says. In other investment firms, "as you move up in this field...
Somerville is a "highly ethnic community of mostly blue collar workers in which neighborhoods are very important," Stephen Mackey says. Only a small percentage of the city's high school graduating class goes on to college, he adds...
Outside, police spent the morning arresting small bands of demonstrators, many of whom congregated at the corner of Exchange St. to block latecomers trying to report to work and to prevent buses carrying arrested protesters from leaving the area...
...small flurry of ticker tape greeted the two-block-long line of demonstrators at one corner, and crowds lined Broadway five-deep to watch the parade...