Word: summings
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...have worked at the University for at least 10 years as of this June 30—to voluntarily choose early retirement, relieving pressure on the University’s dwindling resources. Harvard officials said yesterday that each incentive package would likely consist of a lump-sum payment...
...Willem de Kooning, Roy Lichtenstein and Andy Warhol. In 2007 the collection was assessed by the auction house Christie's to be worth around $350 million. The downturn in the art market since last fall makes its value today anybody's guess, but it would still command a sizable sum. Brandeis trustees insist that if they can't raise money by selling art, they will have to reduce staff by 30% - there were already cuts last year - or eliminate 200 of the school's 360 faculty members. (Read Richard Lacayo on earlier cases involved protested sales by museums...
...especially pretty, dumb actors.) Some of those people, like the voices on an old laugh track, are now dead. Which raises questions: What does it mean to be alive? What is the Dollhouse's obligation to the people whose memories it "resurrects"? Is Echo herself, Caroline or the sum of her borrowed parts...
...pays top managers large bonuses, in the long term those officials more than justify their compensations by generating impressive endowment returns. Between 1995 and 2005, for instance, Harvard’s endowment garnered an annualized return of no less than 15.9 percent, which amounts to much more than the sum total of officials’ compensation packages. It is also worthwhile to note that Harvard manages its endowment in-house, so HMC officials appear only on the surface to make much more than money managers at peer institutions. In reality, other schools may pay far more in management fees...
...Nestling among largely uncontroversial proposals - for an annual Day of Reflection, for example - was at least one idea that united old enemies, if only in outrage. A so-called "recognition payment" would see a sum of ?12,000 given to all households who lost family members to the Troubles, whether the victim was civilian or military, Catholic or Protestant, the target of an explosion - or the person who died setting the bomb. "We are still fighting about who was right or righter, who had moral justification, and who had God on their side. And we are still terrified that...