Word: profiteered
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Last February Alabama's Lister Hill charged in the Senate that Wenzell's firm, the First Boston Corp., stood to make a profit from handling Dixon-Yates financing. The Kefauver committee dredged up the fact that Wenzell had asked Rowland Hughes if his Budget Bureau work presented a conflict of interest. When Hughes was summoned, he replied vaguely that he had told Wenzell to check with First Boston and Joe Dodge. Non-politician Hughes was jolted to his eyeteeth to discover that he was suddenly a major target in the all-out Democratic attack on the Dixon-Yates...
...Horses once owned by the late sportsman. William Woodward Jr., continued to sell for astonishing prices. After buying 39 of the Belair Stud thoroughbreds for $410,000, Miss Mildred Woolwine and her partners resold the lot at Keeneland, Ky. for a 125% profit. With Segula, dam of Nashua, bringing a record auction price for a U.S. broodmare ($126,000), Kentucky Horsewoman Woolwine and her friends collected a total of $924,100. Nashua's sire, Nasrullah, also proved that he was worth a pretty penny. A syndicate headed by Kentucky's Thoroughbred Breeder A. B. ("Bull") Hancock paid...
Nonetheless, mines operating on fruitful land can profit their operator through their mineral wealth alone; there is no reason that the Federal Government should have to give away timbering rights to encourage mineral production...
...million flourish. He sold two unreleased films, Jet Pilot and The Conqueror, back to Howard Hughes himself for $8,000,000 cash and about $4,000,000 in future payments. (Hughes also bought back The Outlaw, for an additional undisclosed sum.) Teleradio thus emerges with a virtually assured cash profit of $2,200,000 on its investment in barely half a year. Since it has sold nothing but films, it has, in effect, got the RKO studios and distribution system for nothing...
This should lead to still more profit: Teleradio plans to make 17 feature films this year. To cap Teleradio's triumph, the Federal Communications Commission has approved its merger with RKO to form a new company, RKO Teleradio Pictures, Inc. The result: a single company that owns the nation's biggest radio network (570 outlets), six television stations and moviemaking facilities as well...