Word: profiteered
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...paid to show up for work on Wall Street; you get paid by what you produce, as a year-end bonus. But it does the raise the question: What, exactly, does a Wall Streeter produce? If a banker or a trader brings in $10 million of profit for his or her firm, it seems reasonable that the individual should get a cut of it. There's also a scarcity premium involved. Presumably, there are only so many folks out there who can bring in $10 million or $100 million in a given year, so you have to include some...
...During his time at Alston, a wide range of for-profit enterprises with interests in influencing government health policy - including giants like UnitedHealth, GE Healthcare and the Health Industry Distributors Association - paid Daschle five-figure sums for speeches. UnitedHealth was also a "client" of Daschle's at Alston, as was the Great Plains Indian Gaming Association, a trade group representing tribes with casinos in the upper Midwest. And then there is Leo Hindery Jr., the former chairman of the cable-television industry's lobbying group, who hired Daschle as an adviser on a new investment firm and gifted him more...
Very good question. If we produced in a cheaper market, we would make, short term, very big profit, but then we would question the quality, the continuity, the tradition and the "Made in Italy," which I consider a second brand to go next to the Ferragamo brand. We have decided to give up on margin, maintain high costs and think long term. On the other hand, I think some of our employees are a little spoiled. I work 12 hours a day, but our workers work less than eight. Now there is competition. Maybe we should all pull our sleeves...
...Indeed, quarterly results emanating from Japan Inc. last week sounded like a dirge: Honda lowered its profit forecast for the fourth time this year; Panasonic, the world's largest maker of consumer electronics, is slated to post a loss of at least $1 billion in its current fiscal year, its largest ever; and Toshiba, one of the world's largest producers of memory chips, and computer maker NEC Electronics also forecast big losses...
There's the rub. As Odyssey has discovered before, where there is gold and silver, there is likely to be controversy as well. The publicly traded firm has repeatedly provoked the ire of archaeologists who complain that Odyssey is more interested in profit than in protecting historically valuable artifacts. Currently, the company is locked in a court battle with the country of Spain over ownership of the remains of a ship that experts believe to be the 17th-century Nuestra Señora de las Mercedes...