Word: consortiums
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Financing the huge deal has become an even more difficult task than engineering it. For the past 24 months, Yuri Ivanov, head of the Soviet Foreign Trade Bank, has been canvassing financiers from Tokyo to Düsseldorf and Paris for loans. Already, a consortium of 20 West German banks has been assembled to provide $5.2 billion, and a group of French banks is expected to contribute $4 billion. But Ivanov is a hard bargainer. He is willing to pay only 7.75% interest over ten years, while the current market rate for such loans is 9.75%, and the term...
...consortium between the ice scream scoopers of Cahaly's has revealed the interesting fact that the HARVARD WOMEN's BASKETBALL TEAM remains their most ardent and consistent customers, coming in en masse virtually every evening for their usual ice cream fix, much like the hapless bar-frequenter who returns to his favorite watering hole for his usual stuff...
...unions of future cooperation. Said Thomson last week: "Frankly, we've had more cooperation in production than we've had for years. It's rather bittersweet." So far, no potential buyer has stepped forward. Times Editor William Rees-Mogg, 52, is trying to organize a consortium of management and journalists to buy the daily, and has even received pledges of up to $480,000 from readers. But as the "Thunderer" itself editorialized: Potential proprietors are like "taxicabs-plentiful when the sun is shining, but scarce on a rainy...
Your article on Wheaton College [Sept. 22] illustrates what Wheaton and the other members of the Christian College Consortium have so long proclaimed: Christianity does not turn the brain to mush; rather, surrender to Christ results in the freedom to develop fully one's mental, emotional and physical talents...
...Most consortium courses use TV tapes and textbooks prepared in England for the U.K.'s respected and successful Open University, an off-campus program that has enrolled some 200,000 students since it began a decade ago. A joint undertaking with the British Broadcasting Corporation, the Open University has inspired counterparts in 16 countries, including West Germany, Costa Rica, Spain and Sri Lanka...