Word: consortiums
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...flood an area the size of Singapore, bleed one river almost dry and swell another, force the relocation of 6,200 people, and affect as many as another 100,000 living in and around the country's central Nakai Plateau. A joint project between the Laos government and a consortium of international companies led by the France's state-owned Electricit? de France, the dam will have a generation capacity of 1,070 MW of electricity when completed in 2009, 95% of which will be sold to Thailand. "We don't have many comparative advantages over our neighbors," says Somboune...
DormAid LLC is a student-run cleaning service. The business has gone through extensive negotiations with a consortium of administrators and House Masters to work out mutually-acceptable policies regarding insurance, security, the living wage, and Massachusetts’ laws regarding cleaning agents. The founding of the company has been one of compromise and negotiation in an effort to ease concerns over the well-being of the Harvard community. In response to these concerns, DormAid has developed a business model that maximizes the benefit of having such a company operating on campus while minimizing, if not altogether eliminating, the detriments...
...looked smart again when Chinese banks decided to clear their pile of nonperforming loans off the books as a first step to steadying the wobbly financial system. Anticipating a dealmaking frenzy, Chao and his team did their homework before potential buyers came knocking. A consortium led by the Morgan Stanley Real Estate Fund hired Chao and won the bidding on the first and biggest chunk, $1.3 billion in loans from Huarong Asset Management, in 2001. Such successes have made Chao fairly fearless. Last fall, during a staff retreat in Phoenix, Arizona, he led three lawyers from China on a three...
...looked smart again when Chinese banks decided to clear their pile of non-performing loans off the books as a first step to steadying the wobbly financial system. Anticipating a dealmaking frenzy, Chao and his team did their homework before potential buyers came knocking. A consortium led by the Morgan Stanley Real Estate Fund hired Chao and won the bidding on the first and biggest chunk, $1.3 billion in loans from Huarong Asset Management, in 2001. Such successes have made Chao fairly fearless. Last fall, during a staff retreat in Phoenix, Ariz., he led three lawyers from China...
...have been one of the company's few bright spots. He presided over the rebound of Sony Pictures, where the Spider-Man franchise is raking in profits, cut costs ahead of company-wide schedules, merged Sony Music with the music division of Bertelsmann AG, and, last year, led a consortium that bought MGM and its valuable film library. In the first three quarters of 2004, Sony's U.S. operations kicked in 30% of the company's revenue. "Stringer got this job with the expectations that he will accomplish something similar throughout the entire company," says Yuichiro Yamagata, editor in chief...