Word: consortium
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Dates: during 1960-1969
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This program should encourage further joint efforts by northern schools to improve the quality of undergraduate education available to Negroes, and open the doors of graduate schools. Joel Fleishman, the moving force behind this summer's program, has suggested that Ivy League schools form a "consortium" with other universities, and work through established white institutions in the South to extend more staff fund to Negro colleges. He hopes that the energy and innovation may "rub off" or "ricochet" from North to South in a "cooperative educational exchange...
...only provides much of the money that finances these and other U.S. industries, but has spread out to become a diversified department-store of high finance. This week Lehman (pronounced Leeman) will reach across the Atlantic Ocean: as co-managers with London's N.M. Rothschild & Sons of a consortium of 68 international banking concerns, Lehman will put on sale the first $27.5 million of bonds to finance a $138 million, 300-mile transalpine oil pipeline. The issue is expected to become the largest corporate bond offering in European history...
However, Currie doubted the ability of any underdeveloped country to initiate such policies without outside help. He suggested that a "consortium" of international agencies, in-the U.S. Agency for International Decluding the Inter-American Bank and Development, underwrite part of the foreign exchange cost of the operation...
...route, and Red China, not to be outdone, has already sent its own team of experts to survey the Tanzania end (Kaunda will not permit them to enter Zambia). As for the actual cost of construction, Kaunda hopes that will be taken care of by an international consortium of British, French, Canadian, American and Japanese entrepreneurs...
...London and Paris Rothschilds and West Germany's Deutsche Bank and Dresdner Bank-formed a Luxembourg-based company called Pipeline Finance to raise as much as $1 billion over the next eight years to bring the new fuel to European households and industry. For the small investor, a consortium of British, Dutch, German and Belgian banks has just created an open-end mutual fund, Intergas, that offers participation in the oil, equipment, transport and construction companies that are already starting to profit from the gas boom...