Word: spendthriftness
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...echoes the sentiments of other alums, when he explains one root of his concern. “No one wants to give money to an organization that’s being spendthrift,” says Waggoner, who himself has endowed a economics professorship...
...turned out that Hart was bankrupt. The chronic spendthrift had entrusted much of his income to William Kron, a money manager recommended by Rodgers. Oddly, the money could not be found. Further, according to a new will that magically materialized, 30% of the money Hart's estate might earn from royalties was earmarked for Kron and his heirs. Another 20% would go to Hart's actor brother Teddy; but upon Teddy's death this portion would devolve to the Federation for the Support of Jewish Philanthropic Societies, a favorite charity of Kron's. Teddy's son Larry, Hart's namesake...
...voters. No politician wants to start off the election cycle with a "victory" over extremely expensive - and extremely popular - prescription drug benefit legislation. So if Republicans prevail with a slightly less costly plan, they?ll spin it as a triumph of responsible government over the whims of spendthrift Dems. And if the Dems are the big winners, we?ll get an earful about the victory of the people over tightwad Republicans...
...lived in California, you'd know that Connell can be a pain in the butt - especially to the rears of spendthrift public servants wasting taxpayer money. As the fiscal watchdog for the state, she uncovered more than $1 billion worth of Medi-Cal fraud in 1999 and more recently, refused to pick up $2,600 in expenses for takeout sushi and pizza ordered by state employees working late during the energy crisis. At the time CalPERS was considering JEDI II, Connell was the only one on the board with an investment banking background. An investment banker for a decade...
...makes Japanese tourists the most coveted guests the world over. Entire economies have sprung up around them, as in Hawaii, the No. 1 destination for Japanese visitors. Last year they spent $234 a day in the Aloha State, while their American counterparts parted with a measly $157. Without its spendthrift guests, Hawaii is feeling the pain. The 40% drop in Japanese tourists means $4 million a day less for the state economy?or more than $1 billion by year's end. Already the downturn has forced 12,000 residents onto unemployment lines. Things are so bad that Governor Ben Cayetano...