Word: ten-year
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Meyer wrote in the annual report that Harvard’s ten-year performance has surpassed its peers and outperformed the market averages, or benchmarks, that HMC uses to judge the endowment’s performance...
...looming crisis is so enormous in monetary terms that not even the most Panglossian of optimists could hope to avert it with today’s surpluses. The unfunded liability of Social Security over the next 75 years is an astounding $25 trillion. For perspective, consider that the projected ten-year budget surplus before Bush’s tax cut, Sept. 11 and the recession was $5.6 trillion. That number is but 22.4 percent of the expected shortfall, and such surpluses will not continue when Social Security starts running annual deficits in the hundreds of billions ($252 billion...
...agreed to at [the Bickford’s meeting] that the first ten years of the arrangement would be a ‘feeling out’ period, and that the Pi Eta alumni would be able to ‘unwind’ the arrangement if, during that ten-year period, the Pi Eta alumni wished to do so.” Additionally, they deny Sigma Chi’s claim that there was any decision that Sigma Chi members would have an ownership interest in the house...
...After a ten-year absence from Cambridge, Stanford Business School Professor Joel M. Podolny ’86 will bring his interest in how businesses and people interact back to Harvard next fall...
Summers has made unprecedented efforts to work with the council in contrast to his predecessor Neil L. Rudenstine, who attended no council meetings during his ten-year tenure...