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...poor countries," says Littlefield. Microlenders counter that the costs of starting a bank are so high that without them, the poor would have no alternative. "To build a bank in Africa, you need $5 million to start, and then another $3 million in minimum equity capital," says Chris Crane, CEO of Opportunity International, an Illinois-based Christian microlender. Crane's network of 12 microbanks worldwide has nearly $160 million in savings accounts and insures more than 3 million lives...

Author: /time Magazine | Title: Microfinance: Lending a hand | 4/5/2007 | See Source »

...what makes his bid for the White House so tricky is the rest of the package, the blue-state mores in the red-state party, along with an operatic personality and a tragicomic domestic life worthy of Boston Legal's Denny Crane. The first marriage, to a second cousin. Extramarital affairs. The messy divorce from his second wife, who learned he was leaving her when he mentioned it at a press conference. Rudy Giuliani is the candidate most likely to field the question, Are you now or have you ever been a prickly, backstabbing tyrant...

Author: /time Magazine | Title: Why Is Rudy Smiling? | 3/21/2007 | See Source »

...February and used a centuries-old process known as lost-wax casting in order to make rubber moldings of the bells, which they brought back to Russia and used to make the casts for the replacements. The original bells came to Lowell in 1930, when American industrialist Charles R. Crane donated them to the University. He had purchased them in Russia, where Stalin was closing all of the churches and melting their bells for raw materials. The Danilov Monastery, the bells’ original home, was spared destruction and served as an orphanage for children of dissidents. The monastery reopened...

Author: By Brian J. Bolduc, CONTRIBUTING WRITER | Title: Lowell Plans Return of Bells | 3/19/2007 | See Source »

...seventy years ago, in the face of Stalin’s anti-religious purge, the once-famed and numerous bells of Moscow were melted down. One of the few sets to survive the era, the seventeen bells of the St. Danilov monastery, was bought by American entrepreneur Charles R. Crane, who decided later to donate them to Harvard. In 1930, they became part of one of Harvard’s most distinctive architectural features: the Lowell House bell tower. Now, almost 20 years after the reopening of the monastery, multilateral talks between the Russian Orthodox Church, the Russian government...

Author: By The Crimson Staff | Title: Triumphant Tintinnabulation | 3/19/2007 | See Source »

...Sean T. Buffington ’91. The Lowell bells, the oldest of which dates back to the 17th century, were purchased by an American industrialist just as Josef Stalin was seizing church artifacts across the Soviet Union and melting them down to raw material. The industrialist, Charles R. Crane, gave the bells to Harvard in 1930—the same year the monastery was closed. “These bells serve as a link between the past and present of the Danilovsky Monastery,” Father Roman, the bell ringer at the monastery, said through a translator...

Author: By Brittany L. Benjamin, CONTRIBUTING WRITER | Title: Russians Visit as Bells Ring for Last Time | 2/15/2007 | See Source »

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