Word: profited
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...Yunus believes that in just a few years Grameen America will be so successful that it turns a profit, thanks to 9 million U.S. households untouched by mainstream banks and another 21 million using the likes of payday loans and pawnshops for financing. Profit has long eluded U.S. microfinanciers. "If it's not profitable, it's not microlending - it's charity," Yunus said on a recent trip to the U.S. The question, then, is whether there is a role for a Third World lender in the world's largest economy...
...currently on its way to becoming a recognized non-profit. Other recent antics held by the group included its Caroling Choir, which performed Christmas parodies such as “Silent (But Deadly) Night...
...understand completely that the airline industry is competitive and that profit margins are thin. The whole point of low-fare carriers, the argument goes, is that one suffers some inconveniences and a lack of frills for a better deal. And some say that more expensive airlines merely use the extra money on fares to pay for the supposedly “free” complimentary meals and beverages. But as my experience with Continental made clear, much of the inordinate hassle from flying with small airlines is completely unnecessary. Next time you are looking for flights, consider shelling...
...insanity of busing our own trays at McDonald's: "McDonald's is not a public park where we all need to pitch in to preserve 'the commons.' It's a private, for-profit establishment out to make money. The so-called market should take care of it. They just need to hire more people to keep the place spic-and-span, or else have customers vote for Burger King with their feet. Perhaps it was part of a secret plot: Hire fewer people in order to put pressure on the customer to look after his own garbage. At first folks...
...paying off early investors with capital raised from later entrants--are named after Boston businessman Charles Ponzi. From 1919 to 1920, the Italian immigrant coaxed thousands of people into sinking millions of dollars into a complex deal involving international postage rates, which he said would earn a 50% profit in 90 days...