Word: profitable
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Dates: during 1960-1969
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...Profit and Steve Roose, organizers of the campaign, did not choose a radical slate. The 16 opposition candidates share an interest in combining the continued good management of the business with improved relations in the community the Coop serves...
...entire opposition slate might cause real disaffection down Mass. Ave. M.I.T. accounts for 20 per cent of the Coop's annual $15 million income. "We just can't afford to alienate M.I.T.," Brown said. "If we lost them, the Coop would be in real trouble." Roose and Profit, however, see little danger of a bolt by M.I.T. if the new directors keep their pledge to give clear priority to the profitable and smooth management of the Coop...
Community involvement is the area in which the opposition candidates feel that their new majority on the Coop board could be most effective. As Profit puts it, "We believe that business today should have a social conscience." The Coop's financial structure puts severe limitations on any investments. Necessary expansion in the bookstore annex and the new Med School Coop have caused the Coop to be debt financed by the Harvard Trust Company. One of the terms of the present loan agreement is that, "The Company will not, directly or indirectly, make any investments in the stock, securities or other...
City Manager James L. Sullivan announced the study at last night's council meeting, saying the City needed "a good hard look" at its various planning agencies. The Institute of Public Administration, a New York non-profit organization, will make the study...
Roose and Profit said they plan to publicize the meeting and their slate with ads in the CRIMSON, fliers, and tables in the dining halls