Word: trusts
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Dates: during 1970-1979
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Fitzgerald sees Harvard as a potential benefactor to the community, and says he's willing to negotiate. He uses words like "trust" and "co-operative spirit" to describe what he hopes will be a new relationship between Mission Hill and Harvard. He sees the power plant as a stabilizing factor, providing construction jobs to unemployed Mission Hill workers through guaranteed local hiring practice clauses in construction contracts...
...large banks surveyed this year voted against some management proposals. Although the report does not indicate the names of most of the banks (they requested anonymity), the 1974 IRRC annual report lists most of the major New York banks--Chase Manhattan, First National City Bank, Morgan Guaranty Trust, etc.--and large banks from all over the country among its subscribers...
...Dean Rosovsky, tenure is not very feudal. An economist, Rosovsky said the process was much more like a trust, with each professor a shareholder. The responsibility of each member is to find "the best possible person in the world in any field...
...Measures like the creation of an international investment trust to spur more private investment in developing countries. The trust would, for instance, establish a $200 million reserve to guarantee investors against loss...
These tips are from Michael Korda's Power! How to Get It, How to Use It (Random House; $8.95). Another current power book, Robert J. Ringer's Winning Through Intimidation (Funk & Wagnalls; $9.95), has some equally keen advice: do not trust anybody at all; assume you will fail, so your positive mental outlook will not be crushed by a setback; make as much money as you can, because life is short and pointless and there is nothing better...