Word: consortium
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...Steve Carson, who serves as president of the OpenCourseWare Consortium, says it's worth the expense, since the online content attracts prospective students, keeps alumni connected and encourages innovation. Schools have decided that these benefits outweigh the concerns about cost, intellectual property and devaluation of lite degrees. After all, the free material does not add up to a diploma, and viewers can't interact with the faculty. (See pictures of the college dorm's evolution...
...Many of the firms themselves are already moving away from retail research. Thomas White International, which created a research consortium with four other firms to win settlement dollars, will go back to its main business of managing assets for institutional investors. Ross Smith Energy Group, a Canadian outfit that follows the oil and gas industries, is getting into investment banking. Three companies-Argus, Independent International Investment Research and Pipal Research-have joined with the London Stock Exchange to provide coverage of smaller firms willing to pay for it. Rapid Ratings is finding a hearty new revenue stream in doing analysis...
...have the celebrity aura of Commencement speakers of years past, he will undeniably reiterate to Harvard students the importance of active participation in what is perhaps the most important problem the world faces today. The current efforts of Harvard’s EAC and of students in the consortium of colleges and youth organizations that comprises MAPS are truly exemplary, but their ultimate success rests on others taking the same initiative to bring change in whatever ways they...
...agencies, BVG was planning to insure its assets through another state-owned bank in Germany, the Landesbank Baden-Wuerttemberg. But city officials say BVG's advisor, J.P. Morgan, suggested the transit company spread the risk by insuring the deal through a collateralized debt obligation, or CDO, backed by a consortium of some 150 banks and insurers that included AIG and Lehman Brothers...
...University officials. Harvard planners have said they are anticipating a 30 percent decline for the full fiscal year, although some reports have speculated that losses could be even greater.While Harvard has “robust credit strengths” and maintains a $2 billion line of credit from a consortium of banks, Moody’s said the University’s liquidity position has suffered recently due to endowment losses and stress in the debt and swap markets. In December and January, Harvard completed $2.5 billion in bond sales to guarantee cash flexibility and refinance risky variable rate debt.According...