Word: profiteer
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...Another common misconception is that speculators only buy and hold assets. More accurately, speculators try to benefit from fluctuations in prices. In other words, speculators cannot profit from sustained high prices, only from changing prices. So, yes, the recent volatility in the oil market can certainly be attributed to speculation, but speculation cannot support an extended price rally. Major players like banks, on the other hand, are more than just pure speculators, having the resources to drive prices...
...significantly increased its marketing for the 2+2 program, particularly for students in subjects not typically associated with business education. During the past year, the admissions office gave presentations at 58 colleges around the country in an effort to attract students with backgrounds such as science, engineering, and non-profit organizations...
...statement released on Monday by the Attorney General's Office said that O'Brien, a 58-year-old resident of Framingham, Mass., allegedly stole nearly $780,000 for personal use while working as a contracted financial manager for a non-profit religious organization affiliated with a local university. A Middlesex Grand Jury charged him late last week with forgery, uttering, 11 counts of larceny over $250, 2 counts of larceny by continuous scheme, and 5 counts of failure to file income tax returns, according to the release...
Harry J. Pierre, a spokesman for the Attorney General's Office, said that O'Brien, who prepared and documented bill payments for the non-profit organization but did not have signatory power over writing checks, allegedly diverted money from the organization's banking account to his own personal account. Pierre said that the organization had used an American Express corporate credit card to pay various expenses, and that the organization's director became aware of the irregularities when American Express called and notified him that the organization's account would be closed due to missed bill payments...
Freed from marketing expenses, broker commissions and profit margins, a public plan could have lower administrative costs, which may mean lower premiums...