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Word: profiteered (lookup in dictionary) (lookup stats)
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...people who created the problem? A lot of the people who created the problem have already lost their jobs, but yes, any bailout risks rewarding the profligate and the foolish. But we're getting to the point where financial sector problems are starting to hurt people who didn't profit from the boom. And you can design a bailout that's not so much a bailout as a new start--such as the Swedish solution outlined above...

Author: /time Magazine | Title: 18 Tough Questions (and Answers) About the Bailout | 9/30/2008 | See Source »

...Carroll, OCS’s assistant director for on-campus recruiting, says that she’s been very happy with the numbers this year, especially given the state of the economy. OCS has implemented a new system of grouping the career forum by neighborhoods such as government & non-profit, science & technology, and marketing & media. This approach, Carroll said, has made it easier to see the diversity of employers and to make clear that there are recruiters apart from banking and consulting firms. Similarly, students have realized that their job options are not limited. Andrew C. Nkumbula...

Author: By Victor W. Yang, CONTRIBUTING WRITER | Title: OCS Expands Forum Offerings | 9/28/2008 | See Source »

...intervention into the market is necessary to limit the extent failures in other parts of the American economy. Other detractors of the plan have pointed out the undue burden on American taxpayers, but the price of stability may not prove so high if the Treasury can shrewdly make a profit from the assets they purchase. The $700 billion price tag, however, appears to have been derived somewhat arbitrarily—especially considering that the targeted assets evade precise valuation. This large sum needs to be used sensibly, coupled with thorough negotiation with banks to determine fair values for damaged assets...

Author: By The Crimson Staff | Title: Secure Our Securities | 9/28/2008 | See Source »

...their peers and local community representatives as a part of the Boston Black Student Network’s “HollaDay VI: The Takeover” on Saturday afternoon. The event, which began in 2003, aims to provide black students with opportunities to meet with business owners, non-profit organizations, and fraternities and sororities to enhance their social network off-campus and increase their post-graduate opportunities. “If we get people jobs and help them while they’re here, they’ll stay here, especially if they have a social scene, a community...

Author: By Jillian K. Kushner, CRIMSON STAFF WRITER | Title: Sixth ‘HollaDay’ Event Hits MIT | 9/28/2008 | See Source »

...Cain: "No Wall Street executives should profit from taxpayer dollars. It is wrong to ask teachers and farmers and small-business owners to fill the gas tanks of the helicopters of Wall Street tycoons...

Author: /time Magazine | Title: Who Can Lead Us Out of This Mess? | 9/25/2008 | See Source »

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