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A board that oversees borrowing for state construction and economic development projects is "rushing through" major decisions in the last months of Gov. George E. Pataki's administration, saddling taxpayers with billions of dollars in debt, State Comptroller Alan G. Hevesi said yesterday.
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The new owners, who now occupied the majority of seats on HCA's board, contributed only about $1.2 billion apiece in equity outlay from funds they oversaw, borrowing around $16 billion and assuming $11.7 billion of HCA's outstanding debt.
It's not, of course; the limit is an unnecessary World War I era measure providing the illusion that Congress is carefully overseeing borrowing.
The military and intelligence officials overseeing Olympic Games borrowed some for what they termed "destructive testing," essentially building a virtual replica of Natanz, but spreading the test over several of the Energy Department's national laboratories to keep even the most trusted nuclear workers from figuring out what was afoot.
She now oversees the vast task of borrowing money to finance the government's operations.
Among the comptroller's duties are auditing the city's books, managing its pension funds and overseeing its efforts to borrow money.
B8 ARTS E1-10 Guidance on Ethics The American Association of Museums, responding to criticism over financing of the "Sensation" exhibition at the Brooklyn Museum of Art, adopted guidelines on how museums should oversee displays of art borrowed from private collections.
Responding to criticism over the financing of last year's "Sensation" exhibition at the Brooklyn Museum of Art and shows like it, the American Association of Museums announced yesterday that it had adopted new ethical guidelines on how museums should oversee displays of art borrowed from private collections.
Mr. Baime, an executive editor at Playboy, where he oversees the automotive coverage, is partial to Ferraris, and recently borrowed a bright red $300,0005999 GTB Fiorano and drove it to the Monticello Motor Club, a private track in the Catskills.
From the middle of an expansive trading floor in SAC's Stamford, Conn., headquarters, Mr. Cohen, 56, oversees a fund that manages about $13 billion and, including borrowing from banks, possesses about $39 billion in total buying power.
David A. Paterson, was backed by public sector unions and by the state comptroller's office, which oversees the pension fund and prefers to call the borrowing a form of amortization, or paying a debt gradually, with interest.
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