Word: june
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Since 2008 Grameen has collected 1,700 borrowers in New York City, and last June it opened a second branch in Omaha, Neb. Other cities in its sights include San Francisco, Boston and Charlotte, N.C. - anywhere local businesspeople raise seed capital and a bank will host low-cost savings accounts for borrowers with just a few dollars, since savings are a key part of the Grameen philosophy. "There are whole populations that aren't being reached by the banking sector," says Bob Annibale, director of microfinance at Citibank, which partners with Grameen in New York. Like other financial giants, Citi...
...Grameen in 1982, hands out checks to borrowers at Grameen America headquarters - a sparsely furnished one-room office above a laundromat. In Omaha, Habib Chowdhury, who has worked for Grameen since 1985 and is a veteran of its Kosovo start-up, has found more than 250 borrowers since June and has already lent $378,000, mostly to Mexican immigrants stocking up on inventory for small businesses selling things like cosmetics, clothing and Herbalife weight-loss products...
...Brash was the tone for several actors who died last year. Van Johnson, 92, was the boy-next-door type, wooing such luscious ingenues as Elizabeth Taylor, Esther Williams, June Allyson and Janet Leigh. But he laced his altar-boy grin with a terrier's raspy impatience; he was the Chris Matthews of 1940s MGM. A trash-talking, proto-rapping musical-comedy star of a later era, Rudy Ray Moore, 81, created the street-smut sasser Dolemite as part of his stand-up act, then used the character as the hero of a legendarily transgressive 1975 blaxploitation epic. Stick around...
...Mike Mondelli, president of L2C, which uses historical phone payments and other records to assess an individual's creditworthiness, says his company's business accelerated in May and June of last year as it became obvious that more and more lenders were having loan problems. He says his company has signed on a number of new clients in the past year and that his clients are not using his company's data just to make new loans but also to better assess the risks of the loans they already have made. "Traditional credit scores do a reasonable job of separating...
Sharpe, a dermatologist by training, had been affiliated with the Medical School for 15 years, but was let go as a part-time clinical instructor in June 2000 for not fulfilling his duties...