Word: benefited
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Dates: during 2000-2009
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...Massachusetts - for creating the rotten mortgage bonds that were at the heart of the recent financial crisis. And get this: contained in Goldman's client form is this disclaimer, "You acknowledge that we may monitor your use of the Services for our own purposes (and not for your benefit)." The firm seems to be announcing out loud that it plans to trade against its clients...
...make billions of dollars with the taxpayers' dollars it was forced to take as part of the Treasury's Troubled Asset Relief Program? Is it Goldman's fault that government officials from both parties regularly pick its employees or former employees to fill key regulatory positions? Goldman may benefit, but is the firm really to blame...
...plan to simplify the Free Application for Student Aid (FAFSA) - the form to apply for federal dollars - cutting at least 20% of the questions and making it easier to fill out online. For months now, Duncan has discussed the possibility of making Pell Grants an entitlement or guaranteed benefit like Social Security that would be protected from annual budget cuts. Duncan is also trying to transition to a system in which students get all their college loans from the government, rather than going through banks and other private lenders. The new IBR program does not apply to private loans...
...parties, private viewings, and prize-giving. This period has the effect of overwhelming those who can just barely fathom the city’s permanent artistic highlights. So, even without the incessant chatter and social whirlwinds that begin the Biennale, a water-bound escape to the Cimitero would benefit anyone who feels relentlessly confronted by visual masterpieces and glories. Of course, one of the delights of Venice is the sheer supply of these works—there is always one more Carpaccio to see. But Ezra Pound’s minimalist plot provides a welcome respite from the grandeur...
...Such rich multiples are unjustified in a recession. Duoyuan is seen as a direct play on China's $585 billion stimulus-spending program, which is focused on infrastructure projects like water and sewer systems. But for the company to benefit (it manufactures equipment for wastewater circulation and filtration), government money must actually go to infrastructure building and not be wasted through inefficiencies and corruption. Bawang, which competes with P&G and Unilever, among other companies that make personal-care products, is supposed to ride China's rising personal consumption. That may be a dicey proposition in a country of thrifty...