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Morgan Stanley and Citigroup have committed to financing the transaction.
Mr. Wong said it showed that society was not committed to financing public school excellence.
Veronica M. White, the city's parks commissioner, said the department was committed to financing the entire park system.
The three publishers that provided start-up financing have committed to financing the company until it becomes profitable.
So far, the group is struggling to find other sponsors who are not already committed to financing the carnival.
And the future president was happy to find a banker committed to financing inner-city and minority-owned businesses.
Similar(33)
Peter Lewis, the museum's chairman, has committed to finance at least 25percentt of the total project cost, Mr. Krens said.
Enron financed Sundance with more than $200 million in cash and contributed the pulp and paper assets, while Citigroup invested $28.5 million and committed to finance up to $160 million more.
Mr. Taussig, whom Lehman wooed from Credit Suisse in 2005, acted as an adviser to Home Depot while Lehman also committed to finance the buyers.
The bankers that committed to finance the $26 billion buyout of First Data won some small concessions to the debt structure after weeks of pleading.
Finally, Sport England and the London Marathon Trust – buoyed by the Olympic Games successes – committed to finance pavilion construction costs up to £1.5m.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com