Researchers complain that federal grants are increasingly hard to get, even for high-quality research, yet money seemed to have flowed freely to Dr. Das, who was generating research of low visibility and apparently low quality.
IBM is not alone in pitching directly to governments for this business, relying on its established brand and on the growing pressure on emerging-country governments—even those that are not strictly democratic to deliver high-quality, value-for-money infrastructure.
It will make it cheaper for high-quality borrowers to raise money, and some of that will filter down.
Publishers developed methods to produce high-quality color books for less money, and science books became much sharper graphically.
For extra safety, they may put much of their money into high-quality government or corporate bonds, presumed to be havens against economic and financial turbulence.
As the global fight against these diseases widens and recipients scale up successful programs or submit additional high-quality proposals, the need for money is rapidly rising.
"These companies are leaders, large and globally competitive, and present investors a great opportunity to put their money in high-quality paper," said Amit Chandra, executive vice president for DSP Merrill Lynch, which is underwriting a few of the issues.
In addition to government funding, inducements for private investments from pensions and other savings would be introduced, to generate thousands of high-quality, green-collar jobs, revitalise money flows, loosen ties to unreliable oil markets and cut carbon emissions.
It accepts brokered deposits and then invests that money in high-quality vehicle loans made to GM customers and dealers.
A second reason was the short supply of appropriate investments in the case of money funds, high-quality, short-term debt instruments.
