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...microcredit, but microfinance. Many entrepreneurs in the developing world are only one seemingly minor catastrophe - like a hospital stay - away from financial disaster, so housing loans and insurance and savings products help create and preserve assets, leading to broader benefits for the economy as a whole. I can't tell you how many times I've heard women clients in our network ask, "Why can't I save for my child's education, instead of taking out another loan to pay for it?" The poverty alleviation benefits are magnified when microloans are supplemented with savings and insurance products...

Author: /time Magazine | Title: Microfinance Still Hums, Despite Global Financial Crisis | 12/3/2008 | See Source »

...auto industry in trouble. You can tell how bad each company is doing just by looking at these hard copy reports. Ford, which seems best-equipped to ride out the economic storm, puts together a forward-looking document full of boxed-off pull quotes. The more dire GM ("Recent significant declines in dealer orders are now adversely affecting first-quarter production schedules and revenue forecasts") packs its statement with charts and graphs and lots of diverting graphics. And Chrysler? It's 14-page document, half the size of the others, looks like a college sophomore's final term paper...

Author: /time Magazine | Title: GM, Ford and Chrysler's Bailout Plans | 12/3/2008 | See Source »

...such a fate. But wouldn't this be a case of America's worst-run manufacturing companies relying on America's worst-run service companies? There'd be a 50% to 75% chance of the CEOs showing up on time. What are you supposed to do, call Congress and tell them you're on a gate hold...

Author: /time Magazine | Title: Why the Big Three Should Fly Corporate Jets | 12/3/2008 | See Source »

...same time; it's avoiding the crummy, overpriced airport food, the packed planes, the overstuffed overhead bins and the frazzled, overworked crews. And being No. 175 for takeoff. When you fly corporate, you are driven up to the plane, you get in, and when everyone is ready, they tell the pilot to go. And then you do. That is real, unadulterated luxury...

Author: /time Magazine | Title: Why the Big Three Should Fly Corporate Jets | 12/3/2008 | See Source »

...You’ve said that Harvard doesn’t prepare you for anything but further education. Can you tell me more about this...

Author: By Mark J. Chiusano, CRIMSON STAFF WRITER | Title: 15 Questions with Nicholas Daniloff | 12/3/2008 | See Source »

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