Word: profitable
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Dates: during 1980-1989
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Hull admits the CIA warned him that certain contra leaders were involved in the drug trade but maintains he knew nothing about his land being used for narcotics trafficking. He angrily disputes allegations by Senate investigators that his motive for helping the contras was to make a profit. If the Sandinistas are not overthrown, he wrote in a position paper forWalsh that he provided to TIME, "Central America will be lost and North America will cease to be a world power and eventually fall under the yoke of Communism." To Hull, Senate Subcommittee Chairman John Kerry and his colleagues...
...John F. Kennedy School of Government, Harvard University that will enable us to encourage public service. Specifically, it is our wish to sponsor a program that through loan forgiveness provisions will enable students at the School of Government to assume certain lower salaried positions in public or non-profit institutions that they could not otherwise accept because of student loan indebtness...
...market well in advance of calamity. In late August he sold his 29% share of Occidentale Generale, a $1.55 billion Paris-based holding company that controls, among other things, the Grand Union supermarket chain, French publishing interests and vast stretches of Northeast U.S. timberland. Goldsmith's profit: $450 million. Having fled the market, Goldsmith declared, "I am a spectator, and will remain a spectator for the time being." An important factor that prompted Goldsmith to bail out of the market was the stubborn U.S. trade deficit, which, he had assumed, would eventually cause interest rates to rise and stock prices...
...Parameswaran, 57, president of First Asian Securities, a tiny New York City brokerage, earned a $13,750 profit last Monday using the same method as Cafazza: put options. Parameswaran made such a gamble on 5,000 shares of National Semiconductor, a Santa Clara, Calif., electronics company, which zoomed in value from 25 cents to $3 a share as the stock price of the firm tumbled 2 1/4 points on Monday, closing at 15. "I could have waited and got $4.25 per share for the options," Parameswaran said, "but I was not greedy...
...Microsoft and Apple, with no intention of selling at all. Said Brown: "Now I'm just going to sit on them and watch and wait." By Friday the doctor's first foray into stocks was already beginning to look prescient: on paper at least, he had made a profit...