Word: profit
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Dates: during 1980-1989
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Thirteen hundred B.C. students have participated in the pyramids, most just over the weekend, but only 75 made a profit, according to an estimate published in The Heights, the B.C. student newspaper...
...York, Financier Ivan Boesky was rumored last week to have bought 7% to 8% of CBS for $240 million. The purchase did not mean that Boesky was gunning for the network, but it did put him in a good position to profit handsomely from any CBS takeover attempt. In Miami, the management of Storer Communications, owner of seven TV stations in cities such as Atlanta, Boston and Cleveland, was fighting off an effort by dissident shareholders to dismember the company and sell its parts...
...infamously miserable. There are some noteworthy errors from that dark era. "Selling our realty company was a goddam mistake--excuse me, a big mistake," he says. The second half of his Chrysler reign, on the other hand, has been rollicking. The minivan is a hit. Bigger cars, with higher profit margins, are selling well. "Americans are falling in love with big cars again," Iacocca explains, "and with gas at a dollar a gallon, what the hell, why not?" Chrysler profits last year, $2.4 billion, were higher than those of the previous 60 years put together. (Ford's were $2.9 billion...
...make riskier investments to cover the handsome payouts. In the past, thrifts generally limited their loan business to home mortgages. Now many have plunged into higher-yielding but more dangerous ventures, ranging from office-building construction to securities deals with traders like E.S.M. "It's harder to make a profit," says Robert Seaton, president of Cleveland's Cardinal Federal Savings & Loan. "Therefore institutions are doing things they wouldn't have done before." Federal regulators hope to reverse the trend with tighter scrutiny and new limits on how fast a thrift can grow...
...They propose to take away [Boston Bruins' owner Jerry] Jacobs' arena and then build their own arena on Jacobs' land," said Heddad. "They only want our abutting land so that they can build 60-story buildings for private profit...