Word: profitable
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Dates: during 1980-1989
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...involved in this criminal case is piddling compared with the $168 million repayment sought by the Government in a separate action against G.E. on billings for aircraft parts. A Pentagon audit of 8,000 agreements from 1978 to 1983 revealed that G.E. realized an actual profit of 24.6% on the deals compared with the anticipated rate of 15.2%. The Defense Department puts some of the blame on too lenient Air Force and Navy employees who negotiated the contracts. But it also accuses G.E. of overestimating inflation and labor costs and setting up a delivery schedule that benefited the company...
...complicity with this system: a cool $565 million invested in companies operating in the apartheid state. While claiming the total divestment would be over reacting, the University paradoxically refuses to invest in companies that do a majority of their business in South Africa, on the grounds that these companies profit from apartheid...
Here, then, is the first reason to join today's protest: it refocuses our attention on the central question facing our community. Should Harvard join the swelling movement to end apartheid or should it continue to profit from the windfall of oppression in South Africa...
Unconvinced by these arguments, Jesse Jackson has called for Harvard to cut its ties to South Africa, claiming that "it must put people ahead of profit." Yet, in fact, it is Jackson and other proponents of divestiture who willfully ignore the people, in this case the Black industrial workers of South Africa...
...course, for the hundreth participant to make a profit, about 800 must join. For the five-hundreth, person to "win," half of the 8000 B.C. undergraduates would have to play...