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Mulqueen has built the food bank, founded in 1978 by half a dozen private citizens, into a formidable fighting machine in the war on poverty. Chicago's needs are still rising: demand for food is growing about 15% a year. The amount of food distributed since 2000 has risen 30%, to 42.3 million lbs. a year, and fund raising has jumped 33%, to $9 million--at a time when economic turbulence has squeezed philanthropic giving. Mulqueen's weapons: strategies adapted from the for-profit world, combined with good old military discipline. Mulqueen endorsed such concepts as training, branding and competitive...
...been reluctant to sell when they didn't pan out. At ailing insurer Royal & Sun Alliance, Andy Haste, 41, the CEO who took over last year, wasted little time in raising $1.8 billion in fresh capital and cutting 20,000 jobs. In Switzerland, Credit Suisse stock has risen about 40%, easily outperforming most rivals, since the bank ditched Lukas Muhlemann at the beginning of last year and replaced him with two bank veterans, Oswald Grubel and John Mack. They quickly took major write-offs to deal with festering operational troubles. The jury remains out on some of the new CEOs...
...roof over your head, a reasonable allocation to real estate is 5% to 10%. In the past 10 years, a portfolio of half bonds and half stocks would have turned $10,000 into $30,056. But a portfolio of 10% REITs, 49% stocks and 41% bonds would have risen...
...Bloom suggests that Harvard should have been willing to err on the side of overstatement. He explains he thinks academia in general—as well as Harvard as an institution—has not been vocal enough in its consideration of questions that have risen in the wake of the government’s new demands on research...
...Catalano said that even after the additional security measures, the number of projector thefts has risen rapidly since October...