Word: extort
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Dates: during 2000-2009
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...Secret Service agents say they've uncovered the biggest e-commerce extortion scheme ever, involving more than one million credit card numbers stolen by hackers working with Russian and Ukrainian organized crime. Agents say the mobsters hack e-commerce sites, download customers' personal information and credit card numbers, then call victim companies to extort protection money. They threaten to post the purloined personal information and card numbers on the Internet - angering current customers and scaring off prospective ones - if the companies don't hire them as "security consultants...
Would it be immoral to try to extort as much as possible from recruiters? I don't think so. I took Ec 10, after all, and I know that my self-interest is the only thing that matters. And more stuff from recruiters is in my self-interest. Regardless, these are companies that treat our education like a commodity. And, if we're going to sell out, we might as well go at the highest price...
...free programs in inner cities and reveals its trade secrets in books you can buy for under a grand. But The Princeton Review is a firm, and as I learned in Ec10, firms are profit-maximizers. They charge whatever they can get, and it turns out that they can extort obscene amounts of money from enough people to make unintentional class warfare worth their while...
...Russia of the value of a missile-defense shield. It's too early to be sure that the new Kim is for real. The makeover, though, does seem to have legs. It's not really that Kim is such a different guy--his charmingly opportunistic streak once helped him extort billions from foreign governments in exchange for capping his nukes program. It's that his interests--and the world around him--have changed for good...