Word: stockely
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Dates: during 1970-1979
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...UNIVERSITY'S recent sale of over $600,000 of stock in banks lending money to the South African government and its public corporations brings up serious questions about the performance of those firms responsible for making decisions about investing Harvard's $1.5 billion endowment. At times that decision-making structure, which includes the Treasurer's office, the Advisory Committee on Shareholder Responsibility (ACSR), the Corporation, and independent investment firms, seems designed mainly to spread the responsibility for Harvard's morally bankrupt investment policy and to provide a justification for maintaining the investment status...
...environment. To be unequivocably rigorous, admissions criteria must be sensitive to the forums of expression available to disadvantaged applicants. A sense of injustice, a constructive attitude toward his or her environment, or the ability to adapt to ambiguous cultural situations might be considered important in taking stock of the minority applicant--as well as developing accurate means of academic evaluation. Even-handed admissions criteria would apply these criteria across the boards and stiffen up the admissions process for the majority student as well...
With production heading higher, unemployment dropping and profits climbing, businessmen by all rights ought to be bullish. Quite the opposite: last week brought two new signs that they are still deeply worried. The stock market, that sometimes distorted mirror of investment hopes and fears, tumbled 22 points, as measured by the Dow Jones industrial average, to a 34-month low of 753. And a McGraw-Hill poll of executives in eleven industrial countries found U.S. businessmen second from the bottom in confidence about the future. Only profit-pinched Belgian managers were more apprehensive...
THIS YEAR'S installment of America's oldest ongoing response to Kabuki featured the usual raft of pretty boys in leotards, tennis-ball halves and wigs, playing pretty girls with puns instead of names ("Jemima Fysmoke," "Cybil Service"), whose stock-in-trade is the Big Pun ("You made an asteroid out of yourself!"). Or, alternately, the Silly Joke ("Don't Be a Dope Head, Buy a Moped"). Or, alternately, the Cliche ("Let's Do It"); it's 2078, after all. As far as I could discern from the production notes, the main plot-line consists of a mad grab...
There is no indication that the sale of Manufacturer's Hanover and Citicorp stock represents Harvard's first step in taking a stand on the inhumane situation in South Africa. If in the future the University decides at long last to place morals over finances, it should say so, instead of throwing the controversy into the dry realm of finance, avoiding moral implications involved in the sale, and saving face in the business community. It is admirable when a university--even Harvard--listens to critics within its own community and publicly changes its policy to correct a glaring injustice...