Word: consortiums
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...possibility that, far from nurturing the poor, microfinance schemes could end up milking them, especially in countries where lenders don't have to clearly disclose interest rates. When the Mexican microfinancier Banco Compartamos went public last year, revealing its loans carried rates of about 86% annually, the development consortium Consultative Group to Assist the Poor (CGAP) and others scorned it for having put shareholders ahead of clients. Says Elizabeth Littlefield, CEO of CGAP: "There is some risk that the mainstreaming of microfinance will threaten the very essence of microfinance's core mission: to help poor people lead better lives...
...infections. The small bonuses typically amount to 10% of physicians' annual salaries or less, but studies demonstrate that they can dramatically improve the services doctors provide. "Offering doctors and hospitals more money encourages them to do a better job," say Leah Binder, CEO of the Leapfrog Group, a nonprofit consortium of major health care buyers such as General Motors. "We've already employed that logic to every other area of business. Why not health care...
...poster child for interdisciplinary collaboration is the Mind, Brain and Behavior Initiative (MBB), a research consortium and set of concentration tracks that had already drawn the interest of 100 undergraduates in September 1995, the tracks’ inaugural year...
...Though many universities joined a consortium to challenge the law’s constitutionality soon after, the writing on the walls became clear when the Supreme Court rebuffed the challenge unanimously...
Syncrude, headquartered just north of Alberta's booming Fort McMurray, is a consortium of U.S. and Canadian oil companies including Imperial, Petro-Canada and ConocoPhilips that produces 350,000 bbl. of light, sweet crude per day from tar sands at three mines on the banks of the Athabasca River. About two-thirds of that gets piped to the U.S. Syncrude accounts for about 27% of the 1.3 million bbl. extracted by oil companies every 24 hours from this stark landscape of jack pine, spruce and poplar forests shot through by a bright northern light...