Central banks have responded by expanding loans to financial institutions, purchasing private securities and buying government debt.
For example, Chemdex, an Internet company that created a forum for buyers and sellers of laboratory products in 1997, now has more than 100 corporations and educational institutions purchasing goods from 2,200 suppliers on its site.
He had the ultimate in fuck-you money — and in make-nice money, too: the largesse his private philanthropy has showered upon New York's charities and artistic and educational institutions purchased the support, or, at worst, the acquiescence, of the city's cultural and, to some extent, intellectual élites.
If the struggling institution purchased a piece of artwork free of restrictions preventing resale, then that institution should be permitted to sell it at will.
When an institution purchases one, it is unlikely to enter the market again, leading to an ever-shrinking pool of available instruments.
They did not want another Japanese financial institution purchased by foreigners, although Cerberus had promised to strengthen the bank and take it public in a stock offering, thereby returning it to Japanese hands.
Two years ago the institution purchased a major collection of 1,200 instruments from the Fiske Museum at the Claremont Colleges in California: American, European and world instruments dating from the 17th through the 20th centuries.
Sometimes even a doctor at a hospital may not know where the drug originated, and whether the institution purchased a commercially available drug from an independent compounding pharmacy rather than a manufacturer, said Dr. Michael Carome, deputy director of the health research at the watchdog group Public Citizen.
When new products are introduced into the medical environment, the necessary education is best handled as a collaborative effort between the manufacturer and the institution purchasing the product.
