Word: kindness
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...equity available for microfinance; recently, for example, a couple of large private equity deals were completed in India. Repayment rates remain very high, 97% or 98% in many places. That results from good, old-fashioned credit methodology - you know a household's capacity to repay. That's the kind of old-fashioned banking that some people feel was absent in this latest round of banking disasters. At the same time, we are seeing many microfinance institutions (MFIs) scaling back expansion plans and, in some cases, raising interest rates as a result of the credit-spread increase and the rising cost...
...Automakers also took steps to avoid the kind of public relations disaster that dogged their first aid-seeking trip to Washington D.C. last month Ford chief executive Alan Mulally and Chrysler Chairman Robert Nardelli said they would drive to Washington D.C. Mulally, in a carefully worded statement, also said he would reduce his $21 million salary to $1 if the company tapped the federal line of credit...
Harvard students aren’t really known for dancing. And dancers aren’t really known for physics. Except for one: Merritt A. Moore ’10. This year, Moore took a year off from Einstein and relativity to focus on a different kind of motion: ballet. Currently on the Swiss stage with the Zurich Ballet Company, the physics concentrator began dancing at the age of 13 in Southern California. She practiced ballet throughout high school and performed with the Harvard Ballet Company on campus. Moore’s partner in many HBC dances has been Kevin...
...heard them yet. They’re really indie. It’s a parapalegic girl with her twin brother on the tambourine.”“Awesome.”Essentially, two things are required for music to be cool: it has to be kind of angsty, and it has to be pretty under-the-radar. Well, High School Musical is anything but angsty. And as far as popularity goes—I’m pretty sure the HSM cat is out of its glittery bag.So why do I like it? Well, for starters I like...
Back in Sadr City, one community leader laughed off the Obama-as-Shi'ite theory but acknowledged it was popular. He suggested it might work in the U.S.'s favor. "The fools who believe this kind of thing, once their fellow Shi'ite is President, they will become less hostile to America," he said...