Word: exploited
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Dates: during 2000-2009
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...orchestrated by a government bureaucracy. Despite a burgeoning fan base, all of the 13 Division I clubs are losing money. Inexperienced team owners and heavy-handed government restrictions have prevented the league from realizing the most lucrative sponsorships and licensing deals. "The CBA just doesn't understand how to exploit the TV rights and merchandising potential of the sport," says Richard Avory, a Beijing consultant and former manager of league promotion for IMG, the global sports marketing company that owned all CBA rights until last year...
...take a number of years for the politicians and moneymen to understand and adapt to all these power shifts. Along the way, you can bet on them looking for loopholes to exploit...
...company's fat days, Fastow earned a reputation as a money wizard who constructed the complex financial vehicles that Enron drove on the road to explosive growth. Skilling wanted an "asset-light" company that could rapidly exploit deregulating markets for energy, water, broadband capacity and anything else that could be traded. So beginning in 1993, Fastow created hundreds of "special-purpose entities" designed to transfer Enron's debt to an outside company and get it off the books--without giving up control of the assets that stood behind the debt...
...company's fat days, Fastow earned a reputation as a money wizard who constructed the complex financial vehicles that Enron drove on the road to explosive growth. Skilling wanted an "asset-light" company that could rapidly exploit deregulating markets for energy, water, broadband capacity and anything else that could be traded. So beginning in 1993, Fastow created hundreds of "special-purpose entities" designed to transfer Enron's debt to an outside company and get it off the books--without giving up control of the assets that stood behind the debt...
...We’ve got to be willing to take what they give us, and then really try to exploit it,” Mazzoleni said...