Word: nonprofiteers
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Dates: during 2000-2009
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...compound derived from a wormwood plant, with lumefantrine, designed by Chinese scientists, which does not kill parasites as quickly but lingers in the blood longer to help prevent resistance. That Coartem was even discovered is remarkable, says Chris Hentschel, CEO of one of Novartis' partners, the Geneva-based nonprofit Medicines for Malaria Venture. "Historically, all the malaria drugs developed were for prevention - that is, drugs for wealthy people going on vacation," Hentschel says. "A cure is for the common good...
...course, Slumdog Millionaire is not the first to discover this other, more complicated India, as the film's critics correctly point out. It's real for the hundreds of millions of Indians who live in it, the thousands of social workers, nonprofit groups and civil servants who are trying to change it, and those who tell its stories. That includes a handful of young Indian filmmakers who are making movies that are as sharp, challenging and entertaining as the best of Hollywood, although few have been distributed outside India. Let's hope the rest of the world will soon have...
Those attempts to avoid moral hazard, though, might make the plan less effective in stemming the tide of foreclosures. "This goes a long way but not far enough," says Bruce Marks, who runs the Neighborhood Assistance Corporation of America, a nonprofit that works with servicers to restructure loans. After five years, the interest rate on modified loans can rise again, up to the industry average when the change is made, even if that pushes borrowers above the 38% payment-to-income ratio. The plan encourages but does not require servicers to make adjustments to principal balance - the generally acknowledged best...
...year ended March 2008, Guardian News and Media Division lost $52 million on turnover of $520 million and figures for the year ending March 2009 are likely to be substantially worse when they are released in the summer. (Fortunately, the Guardian is owned by the nonprofit Scott Trust, whose purpose is to safeguard it from the chill wind of the market.) Like other online newspapers, the Guardian has yet to figure out how to monetize its millions of visitors - in other words, how to make a buck off them. According to calculations made by Digital Deliverance's Crosbie, it takes...
...Secondhand stores that carry big-ticket items other than clothing are seeing increases in sales as well. Boomerang’s in Jamaica Plain, a nonprofit owned and operated by Aids Action Committee, has been doing brisk business in furniture...