Let $G$ be a group and assume that the derived subgroup (ie, commutator subgroup) of $G$ is finite. Does the center of $G$ have finite index in $G$?
Some background: In Centralizer of a finite normal subgroup has finite index I showed that if the derived subgroup is finite and the quotient has a set of generators whose representatives in $G$ commute pairwise, then the center of $G$ has finite index (since in this case, we get $G = G'H$ where $H$ is the subgroup generated by those representatives).
My feeling is that this is not the case, but I have not been able to think of a counterexample (even though looking at the proof for the above case does suggest how such a counterexample should look, I can't seem to construct it).