Word: profiteered
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Dates: during 1970-1979
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...Welty, a prison chaplain who also does psychotherapy, managed to get Brown released after he had served 23½ years. Brown, 47, is now married, has gone through extensive psychotherapy and is a paid official of the Fortune Society, an organization of ex-offenders. Although he was able to profit from meeting Welty, Brown knows that such encounters are rare. "Treatment is of no use to most people in today's prisons. The answer is almost to leave the prisons alone-almost benign neglect," he says. "Then divert massive resources to this society's disadvantaged children, the ones...
...burden of proof is now on the profit-making homes to demonstrate that they can fulfill the public trust given to them...
...Republican presidential nominee advocated separating New York from the rest of the nation and allowing it to float out to sea. Instead of casting off the nation's greatest city, Mr. Simon now proposes to make a neat profit through its sale, with municipal residents and assets being thrown in, no doubt, to sweeten the sale...
...Interest rates have come down to about 9.5% on good-quality bond issues by utilities and even less on their bank loans. Power demand is rising again, though it is only 2% ahead of last year's rate. A group of 75 utilities that recorded an aggregate profit increase of only 3% during 1974 enjoyed an earnings rise of almost 18% in the first quarter of this year...
Thus the Fund has had a problem of getting pledges of stock contributions from alumni who then delay paying up in hopes that their pledged stocks will turn a profit and help them out on their income...