Word: capping
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...30th Treasurer in the University’s history, Rothenberg will also chair the board of directors of the Harvard Management Company (HMC), which will substantially lower and cap salary compensation of its top fund managers next year, after many alumni complained that the University overpaid its endowment managers...
...previously said the school’s budget crunch would force him to cap spending on the Loan Repayment Assistance Program (LRAP), which offers debt relief to KSG graduates earning under $50,000 a year in public sector jobs...
...mail to The Crimson Friday, Nye, who will step down from his administrative post at the end of the semester, assured that his as-yet-unnamed successor will honor the school’s commitment to exempt current students from the eligibility cap...
...said last month’s move was necessary to level the school’s spending on the program at $200,000 a year. He said Friday that his most recent decision to exempt current students and alumni from the eligibility cap means he will have to raise an additional $50,000 from external donors...
...against black Sudanese. MEANWHILE IN BRAZIL ... Vote Enhancement Congressman Antonio Jose de Moraes Souza was ordered to step down by an electoral court that found him guilty of buying votes with Viagra. The court concluded that a doctor arrested at a rally for Souza in 2002 - wearing a campaign cap and T shirt - was distributing the anti-impotency drug and other remedies at Souza's behest in exchange for promises of ballot-box support. Souza said he would appeal...