Word: profit
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...operates in 130 countries, has a stock-market value of $143 billion and nearly $100 billion of annual revenue. It's had a staggering transformation from the obscure firm that Greenberg took command of in 1967 and took public two years later with just $13 million of annual profit--a figure that swelled to $11 billion by last year. While building AIG in the 1970s and '80s, Greenberg often was the only foreigner in sight in politically combustible countries like Romania, Iran, Vietnam and other parts of the Far East, and would draw a curious crowd just crossing the street...
France has taken the threat of nuclear terrorism relatively seriously. Its 59 generators and treatment facilities are protected by armed guards and, following 9/11, aerial radar. Nuclear power plants are state-managed, eliminating the profit motive as an incentive for cutting back on safety. --Reported by Bruce Crumley/Paris, Hanna Kite/Hong Kong, J.F. O. McAllister/ London, Ursala Sautter/Bonn and Toko Sekiguchi/Tokyo
...even though the other student businesses have managed to collect gains—Redline, for instance, turned a profit of about $6,500 in the fall—many of the entrepreneurs cite experience as their primary goal...
Following his selection of Rubin, now a director at Citigroup, Summers again turned to an old colleague from his time in Washington: Robert D. Reischauer ’63, former director of the Congressional Budget Office and president of the Urban Institute, a non-profit think tank in the nation’s capital. Reischauer speaks Summers’ figures-based language, and his appointment in 2002—as a replacement for the short-lived Enron director Herbert S. “Pug” Winokur ’64-’65—made...
...Music, a 25-year-old currently working in non-profit consulting, grew up in Costa Rica and had never celebrated Thanksgiving. At her first dinner, she was struck by how caring her roommate’s younger brother seemed when he lent his sweater to a family friend who complained of the cold...