Word: taskings
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Dates: during 2000-2009
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Within days of Lehman's failure, it was apparent that the market wasn't up to the task. There was a run on money-market funds after the Reserve Fund (which had pioneered the money-fund business in 1970) revealed that it owned a lot of suddenly worthless Lehman debt. London-based hedge funds that relied on Lehman for day-to-day financing found themselves unable to do business. Similar dislocations played out around the world, and financial institutions became paralyzed by fear and confusion. They simply didn't trust one another anymore and didn't want to lend...
...inaugural meeting of the school year, the Undergraduate Council voted yesterday to establish a Budget Cuts Task Force, which the Council hopes will serve as a “centralized mechanism” for communication between students and the administration regarding budget cuts...
...task force is charged with “coordinating all of the UC’s work as it relates to the budget cuts,” including advocacy for revisions to proposed cuts, recommendations for future cuts, solicitation of student feedback, and expression of student ideas and concerns, according to the legislation...
...task force is expected to work closely with the student life and College academics ad hoc working groups, which were commissioned in May by Dean of the Faculty Michael D. Smith to make recommendations on budget cuts to the administration...
...Budget cut discussions] are going on in all dining rooms, all dorm rooms, in all UC committees,” said Mather representative and legislation co-sponsor Eric N. Hysen ’11. “The task force’s role is making sure all of those conversations are going towards a productive...