Word: profiting
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...Some of the warrants may never have any value. Shares of Goldman Sachs, for instance, were trading at an average of $113 in mid-October. That means the stock would have to climb nearly 60% from its current $71 before the government would be able to turn a profit exercising its Goldman warrants...
Boston Mayor Thomas M. Menino announced on Tuesday the formation of a task force intended to reexamine the amount of voluntary payments made by universities and other non-profit institutions to the city...
...What the mayor is looking to do is to broaden and deepen the relationship with the colleges and universities, and other non-profit organizations within the city,” McCluskey said...
...profit institution with a long-term horizon, Harvard can afford to take relatively low-impact steps to address its budget shortfall. So far, Harvard has not had to follow the lead of the market in issuing a shower of pink slips. However, Harvard is far from immune to the market downturn, and, while we would ideally want to avoid cutbacks altogether, restricting salary increases and new hires is a reasonable decision that will minimize impact to our community, while hopefully helping to ease a significant portion of the $100 million shortfall...
...first to take it to the field. “They’ve done 99.9 percent of it,” Edwards says. “The Idea Translation Lab has been helpful in getting them from being students in a class to running a not-for-profit.” The group conducted a successful pilot study over the summer in Tanzania, where they worked with local families and experimented with the fuel. Currently, in most African countries, roughly 95 percent of the population is without access to electricity, according to the 2006 World Bank Millennium Goals Report...