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Word: middleman (lookup in dictionary) (lookup stats)
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...Middleman-free microlending has long been associated with developing countries. Why not bring the model online elsewhere, circumventing the traditional banking industry? That's the idea behind zopa.com a Web-based lending and borrowing exchange that connects those who want to lend with creditworthy people looking to borrow. Zopa serves as the platform, like eBay. The borrower simply pays a 1% fee to Zopa up front. Members have to be at least 18, have a credit rating and, for now, live in Britain. Zopa plans to open in the U.S. in 2006 and has had offers to take the service...

Author: /time Magazine | Title: Taking the Bank Out of Banking | 10/9/2005 | See Source »

Unlike iTunes, which sells songs, Snocap is really a digital middleman, monitoring audio files as they are downloaded over music services that use Snocap's system. Its main tool is a registry that stores music and acts as a global clearinghouse to identify tracks. Snocap is working with Mashboxx, headed by another veteran of the file-sharing wars, former Grokster president and outspoken recording industry critic Wayne Rosso; his company offers users legal file-sharing software. When a music fan locates a song on another computer in the network, Snocap checks to see if it is registered in its database...

Author: /time Magazine | Title: Sharing Music, Legally | 8/7/2005 | See Source »

...local agent after a few years. Japanese retailers viewed Gillette's move as arrogant, and the firm was unable to sell its products on its own. Says Jay Gwynne, president of the consumer health-products division of Warner-Lambert, which owns Schick: "To try to eliminate the Japanese middleman is the quickest way to commit suicide." Schick's single-blade stainless-steel razor was judged superior to Feather's double-blade carbon one, and Schick's razor became the country's best seller...

Author: /time Magazine | Title: Winners Against Tough Odds | 6/21/2005 | See Source »

...work stations manufactured by Tektronix, a small, specialized firm based in Beaverton, Ore., along with an unspecified number of computer disk drives produced by Control Data of Minneapolis. Tektronix salesmen apparently believed they had sold the equipment to a West German unit of Ford Motors through a Munich-based middleman named Wolfgang Lachmann. After the equipment was sent to Munich, it was allegedly shipped to a warehouse in Vienna; from there it disappeared...

Author: /time Magazine | Title: Business Notes: Oct. 20, 1986 | 6/21/2005 | See Source »

...Scream theft, Hill had cracked the biggest art case in ages, the 1986 break-in at Russborough House near Dublin in which robbers made off with 11 pictures, including a precious Vermeer. In one of many cloak-and-dagger games the book recounts, Hill posed as the middleman for an Arab tycoon. He solves the Munch case by pretending to be a buyer for the wealthy J. Paul Getty Museum in Los Angeles, a role that allows him, as his work often does, to accessorize lavishly: seersucker suit, big bow tie, bigger Mercedes. It also requires him to steep himself...

Author: /time Magazine | Title: Makes You Wanna Holler | 6/19/2005 | See Source »

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