Word: consortiums
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...1990s, the major news networks and the Associated Press formed a polling consortium called Voter News Service (VNS) to cut costs, eliminating the redundancy of reports from multiple sources. But redundancy isn't always a bad thing, as proved, disastrously, in 2000 - when VNS (and the networks soon afterward) declared the race for Al Gore around 8 p.m., only to switch to George W. Bush at 2 a.m. and declared the race locked at "too close to call" two hours later...
...embarrassing computer glitch in 2002 sealed the consortium's fate; it was shuttered soon after and replaced by a different set of pollsters that serve the National Election News Pool. But this organization suffered its own scandal in 2004 when exit poll data was leaked online around midday on Election Day, prompting bloggers to declare John Kerry the presumptive winner. In 2006, the pollsters began quarantining representatives of the NEP to prevent such leaks from occurring...
...1990s, the major news networks and the Associated Press formed a polling consortium to cut costs, but this proved disastrous in 2000, when it declared the race for Al Gore around 8 p.m., switched to George W. Bush by 2 a.m. and left the race at "too close to call" by 4 a.m. An embarrassing computer glitch in 2002 prompted a switch to the NEP, which surveys early voters by phone, uses confidential questionnaires in the field and employs a diverse group of pollsters to ensure an accurate count. A leak of NEP data in 2004, however, prompted the creation...
...default on debt given the size of the debts the government had to absorb. Despite the harsh criticism it has endured in the last decade, it was the IMF that stepped in to provide a highly symbolic $2 billion loan to Iceland, which was followed by support from a consortium of Nordic central banks. This has finally eased some pressure on the unfortunate island, but it has left many wondering how this chaos might have been averted. The Icelandic financial services bubble was a ticking time bomb, and the Brown administration in the U.K. behaved amateurishly given the circumstances...
...action. “I decided that I’d better become interested in this area and see where I could help,” said Aziz, a professor of materials science. In January, he will bring this passion to the classroom as part of the Harvard Graduate Consortium on Energy And Environment, a new program that will pool the intellectual resources of doctoral students across the University to help solve two global crises. “Climate change and energy security—these are two of the greatest issues confronting the world,” said Daniel...