Word: profit
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Dates: during 1980-1989
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While administrators say that Medical Science Partners will diffuse faculty conflicts-of-interest between research for knowledge and research for profit, others question the University's logic...
...typical shady deal they are believed to have detected is the "bucket trade," in which a broker slices an extra profit margin by buying a contract from a confederate at a bit more than the going price in the pit, or selling one for a bit less. For example, if a customer asks the broker to sell a soybean contract of 5,000 bushels and the market price is $7.50 per bushel, the crooked broker may sell the contract to a colleague for $7.40. That gives the colleague a discount of 10 cents per bushel, or $500, some of which...
...CCNV) commissioned Reid to craft the sculpture. The CCNV, an advocacy group for the homeless, agreed to pay $15,000 for materials and other costs, and Reid agreed to donate his services. But after the statue was completed, the two sides started sparring over the copyright -- specifically, who would profit from using the sculpture's image on cards and calendars...
...what if Harvard produces fewer profit-chewing physicians, some might charge, citing the classic occupation for science majors. That objection has some merit. Yet science concentrations also prepare research doctors, of whom we can never have enough. Science concentrations also make for more broadly informed politicians, lawyers and businessmen, all of whom may have to deal with scientific issues such as the atmosphere and genetics...
Each year U.S. businesses lose as much as $40 billion to employees who steal. To protect their profit margins, many hard-hit companies have resorted to routine polygraph screening of workers and job applicants. But the scientific validity of these devices has never been proved, and the tests have sometimes caused harm to people who are falsely implicated. Such is the case of Shama Holleman, a college student who took a job in 1987 as a part-time cashier for Alexander's department-store chain in New York City. After a month as a model employee, she was fired because...