Word: profiteering
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Dates: during 1990-1999
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...Harvard doesn't have to look at a specific non-profit and one building campaign," said Jones, who is a Crimson editor. "We're spreading the money around to a whole series of projects and recycling that money many times...
QUESTION 7: You are at a dinner meeting with some interested investors. As the meeting wraps up, you are asked exactly when you expect your firm to begin earning a profit. You respond by: A) Providing a concise cost-revenue analysis that avoids giving a specific answer; B) Pretending to choke on a piece of chicken bone; C) Pointing out that the profit motive is an ephemeral capitalist notion that will eventually give way to the triumph of modern socialism; D) Changing the subject to the number of clients that will be redirected to your Web page from porn sites...
...will call for the University to give $20 million in low-interest loans and a $1 million grant to three non-profit groups in the Boston area. The loan money will be given by those groups to affordable-housing organizations and the grant will go to fund housing research...
Using non-profit groups as intermediaries allows Harvard to take a hands-off approach...
...That's the idea behind some free tools, called digital wallets, that consumers can shop with this fall. Wallets fill out online forms for you, keep track of passwords and billing data, and steer deals your way. Wallet companies plan to profit by delivering marketing messages (if you let them) and partnering with banks. MORE...