Word: profiter
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...banking has become mind-bogglingly complex, and the credit debacle has made it clear that many supposedly savvy bankers failed to grasp the scale of the risks they were taking. Tiny C. Hoare & Co. - pretax profit for the year to last April was a modest $32 million, up 8% from the previous year - has prospered over the centuries by keeping it simple. Two-thirds of its income still derives from providing rock-solid banking services - deposit-taking or loans, say - to its wealthy customers through just a pair of London branches. (Investment or financial-planning advice and help with...
Partners In Health founder Paul E. Farmer discussed his non-profit healthcare organization’s involvement in the developing world yesterday afternoon at the Harvard School of Public Health. Farmer, a professor of social medicine at Harvard Medical School, spoke alongside two other medical experts about the intimate connection between poverty and disease and the need for intervention at a much broader scope. “It’s not fair for people to be able to starve in the 21st century when there’s such affluence,” said Farmer. During the two-hour...
Making a couple hundred thousand dollars profit in a weekend, sipping Dom Pérignon champagne, and sitting ringside at a Mike Tyson fight may sound like a dream to most college students. But to blackjack gurus David Irvine and William B. Kaplan ’77, it was just a job. Irvine and Kaplan talked about their business ventures with blackjack and even explained the basics of their card counting strategy as part of the Harvard Undergraduate Women in Business’s (WIB) “Risky Business” event in Quincy dining hall last night...
Sheehan, an economics concentrator and another member of the Phi Beta Kappa Junior 24, wrote her senior thesis on rating agencies and their role in the sub-prime markets. In her spare time, Sheehan was president of the Seneca, a women’s non-profit organization; a Peer Advising Fellow; and a member of Harvard Undergraduate Women in Business during her freshman and sophomore years...
...commonwealth is continuing its efforts, however. Massachusetts recently set specific goals and expectations to ensure that patients’ wishes are respected, according to James B. Conway, who sits on the Council as representative from the Institute for Healthcare Improvement, a non-profit organization based in Cambridge...