Word: profitability
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Dates: during 2000-2009
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...Obama Administration treats Fannie and Freddie as part of the federal government. James Lockhart, the director of their new overseer, the Federal Housing Finance Agency, has said they are to act as an "arm" of the Treasury Department - even though they are still, technically, for-profit, publicly traded companies. From a moratorium on foreclosures to a program to purchase and guarantee home loans for more than what the houses are worth, the agencies have taken steps that are greatly influenced by the goals of policy makers, however justified. (See pictures of the global financial crisis...
...Store and restaurant owners reported that green initiatives—such as energy and waste reduction—are on the rise, both for altruistic and profit-related motives. Since being environmentally-friendly decreases energy costs and also serves as a marketing tool, business owners said that the commitment to going green is actually helping them see more green in today’s harsh economic climate...
...loan-modification scam artists on behalf of scores if not hundreds of people, most of them facing foreclosure, who claim they paid upfront fees as high as $3,000 to have their mortgage terms improved so they could keep their homes. The suit alleges those services, which numerous non-profit organizations will do for free in tandem with lenders, were never delivered. (Read "Despite the Crash in Prices, Affordable Housing Still Lacking...
...feel very strongly that for-profit residential facilities are completely inappropriate for special education. They have been shown to be ineffective and commonly employ practices that do harm," says Alison Barkoff, senior staff attorney at the Bazelon Center for Mental Health...
...farmers - an elephant would raid someone's crops and it's a year's worth of work and their entire income, so of course he's going do everything to stop it. But now you have organized gangs that come and kill groups of elephants on purpose for profit...