Word: profitable
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Dates: during 1980-1989
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...like Herrin is often largely symbolic. Says Boston Attorney F. Lee Bailey: "Violent criminal defendants are generally penniless. You seldom collect." There are exceptions. Some infamous criminals have earned nest eggs by writing, or selling the rights to, their stories. Happily, it is becoming harder for these criminals to profit from their misdeeds. Fifteen states, including New Jersey last week, have adopted so-called Son of Sam laws, named for Multiple Murderer David Berkowitz, which lock up proceeds from books and other ventures to satisfy claims by victims or their survivors. One such moneyed killer is Jack Henry Abbott, author...
...same tourist-mecca level as the Hollywood Wax Museum and Knott's Berry Farm, lies "Religionland." Or so detractors of Television Evangelist Robert Schuller, 56, have dubbed his $18 million headquarters. 'For the past two years, the "Crystal Cathedral" has been offering such secular, profit-making fare as weight-reduction classes and counseling programs, plus concerts by Lawrence Welk and Victor Borge. State tax authorities would now like to pass their collection plate. "They even had a Ticketron there," says a local tax investigator. "The first time I saw it, I thought: 'You mean you have...
...Ideally, it's a club to teach members how to invest, to invest for profit," explained David L. Belluck '84, a founder of the club...
Woolworth management could reveal its thinking soon. The company shut the last of its 336 Woolco outlets last weekend, and is finally rid of a substantial profit drain. The slimmed-down firm must now decide whether it intends to expand in new ways or remain at the same old stand...
...energy firms remain confident that the lines will pay off, despite dropping oil prices, which now average about $30 per bbl. from Texas fields. The profit outlook is enhanced by provisions in the windfall profits legislation that include a 30% tax rate on oil recovered through the new method, compared with 70% on most oil discovered before...