Word: consortium
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Dates: during 1970-1979
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...Without this support, they say, most of the $1.49 billion already invested in the plane will be lost. Subcontractors have already spent $350 million on it, and the airlines have advanced $240 million in progress payments. Lockheed has poured in $900 million, including $400 million in loans from a consortium of 24 banks led by California's Bank of America and Manhattan's Bankers Trust...
...Boyden Observing Station was originally built by Harvard, but the University left the project in 1955. It is now run by a consortium of observatories from Northern Ireland, Ireland, Sweden, Germany and Belgium, as well as the Smithsonian...
...Times last week. The country has just about exhausted its foreign currency reserves, and is unable to meet the debt repayments due to U.S. and European creditors in May and June. Foreign aid, including an $80 million loan from the U.S., has stopped, and the eleven-nation consortium that supports most of Pakistan's economic development is reluctant to bail out Yahya's regime until the present crisis is ended...
...backers of the SST and "free enterprise" come up with a consortium or something to raise the $135 million to keep the next stage of the project alive? If the thing is as good as its backers claim, they ought to put their money where their crying towels...
...college education. The Ryder corporation operates a 300-depot maintenance system that services other fleet owners as well as its own trucks, and has an engineering consulting division that advises truck buyers on their design needs and markets its own computer system. Last week Ryder and a consortium of Miami warehousemen began operating a storage-control system that keeps track of thousands of in-and-out movements of goods for hundreds of clients and is expected to cut the high loss rate common in warehouses. Like many other leaders in the freight industry, Ryder is convinced that shippers should...