Word: foundering
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Thirty years ago Muhammad Yunus, the founder of the Grameen franchise, started lending small sums to poor entrepreneurs in Bangladesh to help them grow from a subsistence living to a livelihood. His great discovery was that even with few assets, these entrepreneurs repaid on time. Grameen and microfinance have since become financial staples of the developing world, but by coming to the U.S. Grameen is taking on a different sort of challenge: one of the planet's richest countries. Yes, money may be tight in the waning recession, but this is still a nation of 100,000 bank branches...
This event, like all those held by Boston SOS, had no cause. According to organization founder James Cobalt, “No Pants” is a social experiment to see how people will react to the unexpected in a very mundane environment...
...Berlioz is the founder of modern orchestration.” (Music...
...Italian now has no representation in the AP program.” (The College Board will maintain French language, Latin Vergil, and Computer Science A exams.) The decision to cut the AP Italian program has “many serious consequences,” according to Margaret Cuomo, founder and president of the Italian Language Foundation, which led the recent efforts to raise funds to continue the AP Italian exam. Aside from the lost opportunity for students to gain college credit, “it also affects the teachers deeply, particularly in this time of economic instability...
...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...