Word: profiteered
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Dates: during 1970-1979
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Family Stations Inc., a non-profit religious programmer, agreed mutually with Kaiser Broadcasting Inc. to end negotiations for the Kaiser station...
...cheerfully explained, "and not know what business he is in." Wilson argued that Field had worked hard to improve the property. He had cleared it of slag heaps (which Britons have dubbed "the Wigan Alps") and had therefore more than earned what Field says was an estimated $240,000 profit on the sale of the parcel. The Daily Mail had claimed that he made $1,860,000 on the complicated deal. As for Marcia Williams, 41, the Prime Minister insisted that she had played no part in running her brother's land company and "there is no reason...
...Profit from a Monetary Crisis, Browne...
...startling rise in interest rates has left big bond-underwriting houses with huge, expensive inventories that they cannot sell profitably. The brokers stocked up on bonds, expecting to make a profit as yields dropped and prices rose. Instead, as soaring short-term rates attracted ever more investors, yields on bonds, too, have had to be boosted substantially-and even then have not been high enough in some cases to attract buyers. The situation has become so grim that one of Wall Street's most venerable investment bankers, Lehman Bros., announced last month that it would sharply reduce its bond...
Despite Leonard's contention that Bok has probably already accepted his report and that its implementation will not be delayed, it is clear that the undergraduate petitioners will not give up without a fight that could prove embarrassing to Bok and Leonard. Wesley E. Profit '69, a teaching fellow in the Afro Department and an organizer of the petition drive, said Tuesday: "The president and his representatives often say things they later change their minds...