Word: establish
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Dates: during 2000-2009
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...former boxer and automobile worker, Berry Gordy was a nascent songwriter when, at the urging of Smokey Robinson, a songwriter ten years younger than Gordy, he decided to establish Motown Records. The two had become friends years earlier and Robinson, who was the lead singer of a band called The Miracles, produced, wrote, and sang several of Motown's most memorable hits - including the labels' first smash song, "Shop Around" in 1960. A year later, "Please Mr. Postman," by The Marvelettes, was the label's first No. 1 song. It would not be the last...
Here is how Grameen is trying to establish one: on a Thursday afternoon, Medina and 10 borrowers gather in Ziomara Suarez's apartment in the northern prong of Manhattan. As the borrowers - all women, all immigrants - pack into a room with shelves full of the herbal health remedies Suarez sells, they each hand Medina a small blue ledger with a loan payment tucked inside. If any one of the women doesn't pay her weekly installment, credit will be cut off to the entire group - stunting the small businesses they've each developed. Collateral and credit scores may be missing...
...Imported talent helped Grameen rival Acción, a big player in Latin American microfinance, establish a presence in the U.S. in the early 1990s. And yet even after years of making loans to small and upstart businesses, Acción still isn't profitable - an example of the challenge Grameen faces if it thinks it won't have to depend on donations for funding...
...about that "half of the Kingston Trio"... When founder Dave Guard left the group in 1960, John Stewart replaced him, joining Nick Reynolds and Bob Shane. The Trio was a late-'50s chart sensation that helped establish the album, not the single, as the unit of pop music. Reviled and/or envied by purists, the group nonetheless got a myriad of kids hooked on traditional music. They were the training wheels of the folk movement, and kept wearing their smiles and striped shirts for decades as a tribute band to themselves. Reynolds was 75, Stewart...
...much as any other nation on earth, Israel is based on a dream: the aspiration to establish a home for the Jews in the birthplace of their ancestors. To a remarkable extent, that dream has been fulfilled, as Israel has grown into the most modern and democratic country in the Middle East and a dependable American ally. A strong, confident Israel is in America's interest, but so is one that can find peace with its neighbors, cooperate with the Arabs to contain common threats and, most important, reach a just and lasting solution with the Palestinians. But accomplishing...