Word: funded
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Dates: during 1990-1999
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Even local preservationist G. Pebble Gifford,whose Harvard Square Defense Fund has battledcorporate encroachment by the likes of Dunkin'Donuts and McDonald's, was hardly non-plussed bynews of 7-Eleven's arrival...
...sector is not. Fifty trust companies, many with near-national reach, offer a range of services comparable to that of the banks; 2,500 credit unions and caisses populaires (Quebec credit unions) remain important retail outlets; 150 life insurance companies offer a wide range of investment vehicles; 80 mutual fund companies command 77 percent of the Canadian mutual fund market. Canadian banks, due to their size and scope, constitute five more competitors in each of these markets, not leviathans standing astride any one of them...
...United States, every aspect of the financial services is dominated not by a bank but by a focused, non-bank with national scale. For example, MBNA is the largest issuer of credits cards. Fidelity, a mutual fund company, and Charles Schwab, a stock brokerage, dominate investment instruments. CountryWide commands the lion's share of the consumer mortgage market...
...Gingrich last night flew to Joe?s defense at a GOP fund-raiser, saying movies rather than advertising promoted teenage smoking. He also lambasted the President for smoking cigars to celebrate victories. ?If the Republicans want to claim that advertising has no influence on youth smoking, that?s a battle the White House would love to fight,? says Branegan. Indeed, the news might have even tempted the President to light up a stogie...
Backers of diversity are taking notice. Texas Appleseed, a nonprofit consortium of lawyers, provides 50 scholarships to minority undergraduates to attend a 16-session Kaplan LSAT course. Kaplan has set up a similar voucher program in California. The New York City-based Thurgood Marshall Scholarship Fund offers students at six historically black universities Princeton Review courses for $375--half the regular price. "In the short term," Sharlot says, "nothing could be more helpful in increasing the pool of competitive minority applicants than access to the prep courses." He may be right: last summer 16 students took a Princeton Review course...