Word: consortiums
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Dates: during 1990-1999
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...good fortune seek to give back to their community. Incredibly, though, some volunteers find out too late that they are grossly underinsured and, after a lawsuit, must give back way more than they had planned. Consider the unhappy plight of four volunteer directors for the St. Thomas Irish Channel Consortium, which sponsors social programs in New Orleans. The group's board authorized purchase of directors' insurance, but no one followed through. Today the group is in court over a wrongful-termination claim, and board members may be personally on the hook for total damages of more than...
...tons, with nine mechanical arms, some having as many as 11 segments," along with video and still cameras, strobes, thrusters, suction picker and collections drawers, all controllable through 8,000 ft. of complex cable. Thompson's driving intellect pushed the technology, and his flatfooted, no-blarney confidence persuaded a consortium of Columbus businessmen to put up very large chunks of money. By the summer of 1987, the submersible was diving in deep water, to a large wooden wreck spotted by the expedition's sonar. Men and machinery worked beautifully, but what they proved was that the wreck...
...This consortium of Ivies and other top schools met every admissions season to make sure students admitted to several schools got roughly the same offer from each. Their back-room bargaining caught the attention of the Justice Department in 1991 and dissolved under threat of price-fixing charges...
...jubilant at Total's confession, and they got another boost last week. In a joint communique with Clinton, Niyazov affirmed that he was leaning toward an east-west gas-and-oil line under the Caspian as part of the larger system the U.S. is pushing. In October the huge consortium based in Baku is to decide which route it will support, and the Clinton Administration believes its side in this Great Game now has the momentum...
...ever less so. "I can go online and find hundreds of checking accounts," says Condon. "Microsoft wants to sell more servers and software, not become a financial institution." But Gates could find the insular banking world a tough nut to crack. Well before MSFDC, the industry launched the software consortium Integrion as its bulwark against territorial infringement. Today Integrion competes with MSFDC even as it licenses Microsoft Money. Microsoft, meanwhile, plays the good citizen, agreeing to abide by the E-commerce software platform that an industry group will release this August. For now, at least, it looks like everyone...