Word: staked
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...conferring the degree, embossed with the university seal and confirmed by the president’s signature, Harvard thereby will stake its reputation on the intellectual fitness and aptitude of each recipient. Few indeed would doubt the natural intelligence, raw talent, and competence of most, if not all, of those in line for a sheepskin. But whether the last four years have augmented or molded those natural capacities in which newly arrived Harvard freshmen abound remains an open question...
...decide how much control it wants to exercise and to what extent it wants to influence company policy. Beyond that, if the company does well, the yield from the government's investment may be locked up, unless it can find another car company, almost certainly foreign, to take its stake. That brings the conversation around to whether the Congress is anxious for GM to be controlled by VW or Toyota (TM). (See pictures of Detroit's decline...
...taxpayers any favors. Should the economy gets worse, the amount of the government's ownership, and its exposure, will grow as it protects its investment and support of "strategic" industries with more capital. It is not far-fetched to believe that the Fed could end up having a 50% stake in Citigroup...
...positive role for India, a fellow democracy that has proven to be a reliable partner since the bilateral nuclear treaty of 2006. Only a comprehensive South Asian agenda that takes all of these complex variables into account has any chance of permanently resolving the core issues at stake...
...even more embarrassing that the financial crisis is used as an excuse to stop investigating the serious idea that Great Books have a place in undergraduate education. Nothing less than the future of Harvard’s status as the premier provider of a liberal education is at stake, and this writer, on the occasion of his last column of the year, hopes that the administration will undo its decision with haste...