Word: fundsã
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...Gross told The Crimson in an interview that “I’ve been very happy with what I’ve been able to fund this year.” Yet current and former administrators say that it has been historically difficult to secure funds??including those in the undergraduate life fund—for projects that will benefit undergraduate life...
Harvard, with its deep pockets, was luckier than most other universities. The Faculty of Arts and Sciences was able to draw on its “unrestricted funds?? to allocate $5 million for financial aid in 1982, and the aid offered to students was largely unaffected by the Reagan cuts...
Previous discussions of budgetary matters have attracted more heated debates, such as last month’s meeting, where committee members considered a motion to reallocate approximately $1.5 million of the budget to “school improvement funds?? that can be used by principals for unspecified measures...
...overall investment in startup hedge funds declined by nine percent in 2006. Meyer’s faith in his team’s ability to consistently beat the odds led him to make Convexity’s 20 percent commission on profits—a standard percentage for hedge funds??contingent on its ability to beat various benchmarks. This risky payment plan proved very expensive for Meyer and his team this year. Analysts attribute Convexity’s lower performance to the fact that their particular style of investment, which worked well in previous years...
...blame him. But in the interest of my fellow classmates, I thought I would provide a hypothetical Q-and-A for the cancelled session. Q: Amaranth sounds so exciting. But I don’t get it. What do you do? A: Foundations, rich people, and pension funds??both public and private— give us money to trade just about anything because we create ingenious models that eliminate much of the risks from trading. Q: Nice. Can I make a lot of money at Amaranth? A: Oh yeah. The beauty of Amaranth is that we make money...