Word: profiteer
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...market and often cheaper than market prices), but also the renewable energy credits for that energy. RECs can be sold separately from the power itself to companies looking for environmental investments. Harvard has wisely acquired the RECs that are coming with their newly bought power, allowing them to profit from the wind farm in which they will be investing. Harvard has also wielded its economic power and sheer size to effect change in the green industry by providing enough funds to move the Stetson II wind farm from blueprints into reality. A representative from the university’s Public...
...year through the service, uses his credit to pay the hotel's $650-a-month flower bill, and recently refurnished eight of the hotel's rooms without spending a penny. He's also purchased jewelry through barter and then resold it to hotel guests for a profit. The system works for personal use, too. Hill's wife has spent the hotel's barter credits on cosmetic dental work and perms, and the family recently went on a ski holiday in France on barter pounds...
...that trading means more profit for Bartercard. The privately held company charges a one-time membership fee - $1,200 to $2,400, depending on the size of the business - and a 5.5% cash and 1% trade fee on each transaction. Sharpe is confident the firm will continue to expand even as the economy improves. "Companies will need to hire new staff and restart advertising and marketing campaigns which they pulled during the recession," he says. "Bartering frees up cash for that." It's a concept he obviously believes in: the firm uses its trade credits to pay the rent...
...example of a "marketing to Madoff victims" campaign by industries ranging from life insurance to real estate. A common agenda item for Madoff-victim groups, say their leaders, is the relentless mailings for offers like life settlement or selling a life-insurance policy to a third party for a profit. (See TIME's Wall Street covers...
What to make of it all? With e-books poised to take off, the case raises thorny questions. Will the deal benefit the public along with authors and publishers, while providing only minimal profit to Google? Or will it chart the course for future digital publishing and nudge Google ahead of rivals in the infancy of an emerging and potentially lucrative business? It is suspense worthy of a legal thriller - and Scott Turow is among the settlement's supporters...