Word: profit
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...most brazen violation occurred last year in Dinghai, the site of the first Opium War, where town officials flattened nationally protected city walls and houses to make way for profit-making office blocks. Local citizens had tried to secure a judicial order to halt demolition. But under pressure from the city government, the court allowed the wrecking balls to continue swinging. "Today, everyone's so concerned with making money that we think it's fine to tear down historic buildings for a quick payout," says Liu Bingkun, a lecturer at the China State Academy of Fine Arts...
Currently, Harvard gives the city close to $1.6 million a year in a voluntary payment in-lieu-of-taxes. As it is a non-profit institution...
Because Harvard's non-profit status makes the University tax-exempt, Watertown could potentially lose $2 to $3 million in annual property taxes if Harvard purchaes the site, officials from the Watertown Town Council said yesterday...
Marc Rich trades nearly every plant, mineral and fuel that can be taken from the earth and turned into profit. He does it on such a grand scale that his trades actually affect how much Americans pay for a slice of bread or a light bulb. "Some say he is the greatest trader since Moses made a deal to part the Red Sea," says biographer A. Craig Copetas, a Wall Street Journal reporter. When Clinton pardoned Rich last month, it was yet another deal--a business problem that took 18 years for Rich to solve...
...counties. (Officials in upstate Duval and Holmes counties have postponed the recount, fearing further disruption if the ballots were subpoenaed in lawsuits.) Meanwhile, a consortium of news organizations, including the Associated Press, the New York Times and CNN, has hired the National Opinion Research Center, a non-profit firm out of the University of Chicago, to examine nearly 200,000 ballots that did not register any vote at all, including ballots where no vote was clearly marked, and where more than one vote was clearly marked. The NORC report is due out in April...