Word: payout
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
With gifts and payout, that loss translated to an $11 billion decrease in Harvard’s endowment—an amount greater than the total value of any other school’s endowment except Yale, Princeton, and Stanford. The value of Harvard’s endowment now stands at $26 billion, roughly the same level...
...March, the Harvard Corporation announced an eight-percent reduction in the endowment payout to Harvard’s schools—which contributed 56 percent of the FAS budget last year...
...wrote that previous projections of a 25 percent endowment drop had not accounted for the continued slide in private equity and real estate holdings even after stock markets began to rebound this spring. The unexpected additional fall in the endowment will lead to a 6.7 percent decrease in endowment payout this year and another 13 percent in fiscal year 2011. The payout will then remain at this level for the next few years, according to Levin’s statement. To close a projected $150 million annual budget deficit from fiscal year 2011 to fiscal year 2014, Yale unveiled...
...their trust funds. A nasty court battle ensued, in which an intricate web of offshore trusts was unveiled that grabbed the attention of the IRS. When the smoke cleared, the clan had agreed to divvy up the family's $15 billion fortune to family members by 2011. The payout plan would involve selling or floating many of the family's businesses...
...financial regulation and health-care reform—have shown, the two industries are alike in their greed, ambition, and self-interest. Collusion is in the best interest of both sides: Insurance companies are encouraged to drop health care, and policyholders know that mortality ensures an even bigger payout for Wall Street. And so who better than health insurance companies to invest in these new asset-backed securities? More than merely “killing Grandma,” now someone’s getting a fat check when she croaks...