Word: aaa
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Dates: during 2000-2009
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Columbia University's 2009 financial statement notes that the school has racked up a total of $1.39 billion in debt—a level that could imperil the University's AAA credit rating if it climbs much higher, according to Columbia President Lee Bollinger...
...AAA rating is the highest given by external credit rating agencies. It denotes a very low risk of credit default and means selling debt is cheaper for institutions considered financially sound...
...only about the bills. It's also a matter of pride. Columbia economics professor Sally Davidson is quoted in the article as saying, “In addition, Columbia’s peers—Harvard, Princeton, Yale, Stanford, MIT all have AAA ratings—does Columbia want to drop below this group? Probably...
Damn straight, Harvard’s got a AAA credit rating. And we're champs in the debt department with a bitchin’ $6 billion! Wait…that isn’t something to be proud of? Oops...
...When it comes down to it, the AAA has no sanctioning power, and the decision whether or not to join HTS comes down to the individual. For now, at least, the Pentagon wants to leverage the cultural insights of academics to succeed in Iraq and Afghanistan, but whether HTS has brought more top scholars into the military fold or only widened the schism between academe and the military remains unclear. James Der Derian, a professor of political science at Brown University who recently finished a documentary on HTS, and whose friend and colleague Michael Bhatia was killed in Afghanistan...