Word: profitability
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Dates: during 1980-1989
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...interim, the paper has managed to attract a sizeable chunk of American readers and even begun to turn a modest profit...
...think [that plan] would have any effect because the Institute is a group of free standing, non-profit individuals," says Dr. Jerome Groopman, who co-directs the Center for Clinical Care with Hirsch...
...addition, the prospect of vast riches to be had in the biotechnology field can act as a powerful lure for faculty and potential faculty. The new commercial venture could act as an incentive for professors to stay here, rather than venture into the for-profit world as Professor Walter Gilbert did in 1980 when he resigned from the faculty to work at Biogen. And Harvard's plan could play a more noble role by accelerating the development of important medical cures and technologies...
...million in capital to take over the financially comatose American Savings and Loan Association (assets: $30.8 billion) of Stockton, Calif. If he can turn American Savings around, Bass, like many other new owners who have paid fire- sale prices for their S and Ls, stands to earn an enormous profit. The deal seems virtually guaranteed to succeed: as part of the rescue, the Federal Home Loan Bank Board pledged a record $2 billion to help prop up American Savings...
...supported S and L to unfairly augment his corporate-raiding power. The Bank Board's chairman, M. Danny Wall, defends his bailout, calling it the best deal the Government could get. Furthermore, he notes, the federal agency holds a 30% share in the California S and L, and will profit handsomely if it recovers...