Word: profit
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Before then, the men--teachers are mostly men here--can take their pick of sexual partners. Plenty of women in bush villages need extra cash, often to pay school fees, and female students know they can profit from a teacher's favor. So the schoolmasters buy a bit of sex with lonely wives and trade a bit of sex with willing pupils for A's. Some students consider it an honor to sleep with the teacher, a badge of superiority. The girls brag about it to their peers, preening in their ability to snag an older man. "The teachers...
...back to work in this new climate. Last year he bought nearly 5% of the all-but-dead insurer Conseco--some 16 million shares, at about $7 each. Jacobs helped install former GE star Gary Wendt as CEO, and with Conseco now trading at $16, he has a paper profit of $144 million...
Leverage--popularized in the '80s as OPM (other people's money)--is what makes LBOs work. Think of it like this: You buy a house for $200,000 with 20% down, or $40,000. Say you later sell the house for $400,000. Your profit is $200,000 on a $40,000 investment. That's a fivefold return on a property that merely doubled in value. Now imagine the math if you put down only 5%, which is how raiders...
...Shawn Fannings of the world rich - more to Stick It To The Man, and change the music business from without. And it's already working. Back in October, while the appeals process was still underway, Napster and Big Fiver Bertelsmann cut a deal to turn the renegade into a profit-making (and officially sanctioned) music-selling arm of said Man, with funding by Bertelsmann and mechanics by Napster...
...Before long, music on the Web will be available for song-by-song or by-subscription purchase - and considerably cheaper, since the Big Five will be able to save money on packaging, marketing and distribution. Music labels will turn a profit, and artists will get royalties, and people will have to cough up a couple of bucks or turn on the radio...