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NYC Council poised to have a majority of women members


NYC Council poised to have a majority of women members
Women are poised to take over the New York City Council.
As the city Board of Elections continues to sift through mail-in ballots and sort out ranked-choice voting from last Tuesday’s primary election, more than half of the open Council seats are leaning toward women candidates. The results aren’t final yet, but if they hold it would represent a significant shift in the makeup of the city’s legislative body.
“I think it will be fairer a fairer, more just governing body,” predicted Elizabeth Crowley, a former councilwoman who’s now waiting on election results to see if she’ll become the next Queens borough president. ....

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David Swensen, the pioneer of Yale who remodeled investments


David Swensen, the pioneer of Yale who remodeled investments
On monday David Swensen despite a long battle with cancer he gave a regular class on investing at his beloved Yale University. Two days later, he finally managed to make some of the biggest money he did, 67 years old.
The investment industry has produced more than just direct and ruthless tycoons, unfortunate failures, and foolish fraudsters. In Swensen (who has run a $ 31 billion endowment for his alma mater since 1985), he had a rare asceticism when he transformed the seemingly wealthless management of the industry.
“They are great painters who change how others paint, just like Picasso. David Swensen has changed the way everyone involved in investing thinks about investing, ”he says. Charles Ellis, He directed Yale’s endowment between 1997 and 2008. ....

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