Word: profiteer
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...Texting is a major contributor to the industry's profitability," says David Barden, a senior research analyst at Bank of America Merrill Lynch. Among the Big Four national players, texting brings in an average of $8 per month per customer in revenue, he estimates, and generates about 25% of raw operating profit (excluding equipment subsidies...
...launched his first fund in May 2008. In the prospectus he wrote, "The recent market sell-off has provided an attractive entry point in a variety of high-quality public securities." Since that time, stocks in both Canada and the U.S. have plunged. O'Leary told Canadian business magazine Profit in June 2003, "There are a lot of idiot fund managers out there who add no value to the process at all." If O'Leary doesn't turn things around at his funds, he can add one more manager to his list...
...more we think in terms of are we doing everything that is within our power to affect good outcomes, and then expect responsibility from all our institutions - government, business, non-for-profit sector - then I think that's a pretty good recipe for the continued success of the American experiment. And when people see a lack of responsibility - it's part of the reason why people are furious about the bank bailouts - then they feel betrayed, particularly when they're acting responsibly in their own lives...
...mentioned the private sector. There have been studies that have shown that corporate philanthropy is down, corporate giving is down. Corporate social responsibility investment funds are up, but one of the consequences of corporate giving being down is that the non-profit sector, which depends on it so much, is being hurt...
...there anything that government can do to help that sort of leg of the stool, to help the kind of private sector of the corporate world become more involved in the non-profit sector? The President: Well, it's not surprising that when you've had the worst recession since the Great Depression, that businesses are cutting back across the board, and that includes their philanthropic efforts. What that also means is it's going to bounce back once businesses themselves bounce back. So I'm not so much worried about the long-term trends. I think that this...