Word: profiteered
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Dates: during 1970-1979
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...Profit from a Monetary Crisis, Browne...
...Quick Profit. What gave Moses even more power was the fact that the city was going broke. Because Triborough had money-an endless stream of toll receipts-the authority could float new bonds and become New York's big builder. Powerful men came as suppliants to Moses. Leaders of the building trades unions wanted jobs-thousands of jobs. Moses could provide them...
Bankers wanted to invest in Triborough's low-risk bonds or underwrite new bond issues for a quick profit. Moses could help. He could grant premiums to insurance companies, contracts to architects and builders, fees to lawyers. But in return he wanted total support, and he exacted it from all his petitioners...
...addition, dollar competition among non-profit organizations is increasing rapidly as federal and corporate funds are scrimped. Both these trends--which will doubtless intensify at least through this decade--severely cut into the large donations Harvard could receive. So Harvard must learn the ropes of a broad financial appeal that Radcliffe has long relied upon...
Each actor currently makes around $105 per week--about $87 take-home pay--for what the group calls "unlimited working hours." Albert says he can afford only a $20-per-week pay increase, because, he says, Proposition Workshops, Inc., is a non-profit corporation that is operating on a deficit-spending budget...