Word: profiteered
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...ultimate basis for skepticism regarding the Corporation's involvement in responsible shareholders' actions is the status of the Corporation itself as part of the business world. It is likely that most Fellows believe Harvard's social responsibility is to earn maximum profit in order to preserve the University, that is, their own Corporation. How likely they are to address the political questions of investment squarely is, at least questionable...
...money that Harvard could get if it sold all of its investments, currently amounts to over $1.4 billion, making Harvard the wealthiest university in the world. (This amount of course, does not include the value of the campus's real estate, buildings, or other facilities not currently earning a profit...
...they likely to be made. As outside sources of funding, such as the Federal government, continue to dry up, the financial burden that the endowment will have to bear is bound to grow. And as this burden grows, the leeway for considering any factors outside of profit maximization is shrinking. Like a high-speed racing car ignoring the pollutants with which it fouls the air, Harvard will probably continue an investment policy designed to amass capital and provide income without regard for social consequences. Harvard's Top Ten Investments shares market value...
...pages. In the evening his parents will sip martinis or discuss the editorials of The New York Times, either way providing a stimulating environment for their schoolchild. By listening in on the parental conversations -- "Bill and Mary are getting divorced" or "the market slumped twenty points in late afternoon profit-taking" -- he is unconsciously being prepared for his verbal aptitude tests. The exceptionally overprivileged child has an opportunity to mingle with adults, passing hors d'ouevres on the evenings when his parents stay home, at which time they might pat him on the head or say hello...
...bill is enacted, it would for two experimental years suspend all penalties for the possession of marijuana and for its profitless sale in quantities of one ounce or less. Sellers of larger quantities or those making a profit from sales would remain liable to prosecution...