Word: profit
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Dates: during 1980-1989
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...issue was some $250,000 in book and TV-movie money paid to Sydney Biddle Barrows for her story as owner of a high-priced Manhattan escort service. Under a New York law passed to keep the "Son of Sam" killer from cashing in on his deeds, criminals cannot profit from their biographies. Barrows, who pleaded guilty in 1985 to promoting prostitution, argued that the law should not apply to victimless crimes like her own. Last week a New York court agreed. "Yea!" said Barrows. "I need the money...
Vaskevitch and Sofer allegedly used their setup to profit from at least twelve deals involving Merrill Lynch clients. Vaskevitch worked directly on one of them, the purchase in March 1986 of Herman's Sporting Goods by Britain's Dee Corp., which the SEC says produced a profit of $263,988 for the two suspects. Their biggest haul was K mart's 1985 takeover of Pay Less Drug ! Stores Northwest, which the SEC contends brought them nearly $1.2 million...
Acording to Chaya Sarah Sadeh, who founded the non-profit Healers' Resource Center, about 200 people drop by the fair on an average weekend. Some of those come just to look around, but about a quarter actually have readings done, she says...
...could shelter salary and other income with losses generated by limited partnerships. Kroh relied on such partnerships for as much as 20% of its capital, or some $20 million a year. Money was thus readily available for construction of shopping centers and office buildings that might not turn a profit. The funds helped Kroh and other firms maintain a healthy cash flow even when they were not making money...
...guess who else has benefited handsomely? Answer: the very rivals that the quotas sought to curb. The trade limits created a shortage of Japanese autos in U.S. showrooms, thus enabling their makers to raise prices and boost their revenues by as much as $2 billion a year. That extra profit, which came out of the pockets of U.S. consumers, gave the Japanese automakers even more money for research to improve their competitive position against Detroit...