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...fiscal year, Harvard’s endowment decreased 26 percent—roughly 11 billion dollars—due to the national market crash in the fall...
According to a Securities and Exchange Commission filing released Friday, Harvard had nearly $1.78 billion in U.S. stocks and exchange-traded index funds (ETFs), compared with $2.26 billion in the previous quarter. The decline leaves the value of the University’s stock holdings at about September 2009 levels...
...biggest thing that I gained was outside [the] academic or professional,” he adds. “It was being able to understand what home means for one billion people in the world...
...small proportion of clergy and laity complicit in acts both sinful and criminal, the Church is comprised of all baptized Catholics worldwide, and by implying that all these people have yet to receive penance for sexual abuse, you (however accidentally) slander the names of more than a billion people. Furthermore, your "specific reforms" which should be "immediately adopted," have been either already adopted or have been used and discovered to be counterproductive to the task of weeding out criminals for positions of power. Take your second reform, for instance, that bishops should have more power. Before then-Cardinal Joseph Ratzinger...
...true that the USPS right now spends more money than it earns. It predicts an operating loss between six and 12 billion dollars this year. But to presume that our nation’s postal service must take in more money than it spends is to treat it like a privately owned delivery company when, in reality, the USPS is a social service. Indeed, postal service is one of the fundamental functions of our government. The Constitution specifically grants Congress the power to “establish Post Offices and Post Roads” in between the powers to coin...