Word: profits
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Dates: during 1960-1969
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They may come to regard professors as the new entrepreneurs, operating in the expanding, so-called non-profit scetors of society, using their students as hired hands to extend their colonial reach...
After leaving the Bank of England, Cromer returned to his first love, as a managing director of Baring Brothers, oldest (established 1763) and among the most powerful of British merchant banking dynasties. Cromer will keep that job, and his new associates should profit from the Establishment connection. Though IBM dominates computer-making in the U.S. and the rest of Europe, it has snared only about a third of the British market...
...when Stein's uncle bought the entire outfit in 1956 for a paltry $700,000. The son of a prosperous London horse-parlor and turf-news-service operator, Stein himself became Ladbroke's top man in 1958 at age 30. Last year he turned $1,700,000 profit from a total of $100 million in wagers...
...that, Ladbroke's sometimes goes to the cleaner's itself. Four years ago, when an unusually severe winter cold snap snuffed out sports events for eleven weeks running, the books closed with a chilly $80,000 annual profit. As a hedge against such disasters, Ladbroke's bankrolled a new casino and hotel complex (run by Sheraton) on Malta. Completed only last July, it is already returning a steady...
...Federal Aviation Agency, which continues to hedge on whether it would permit SST flights over land. Shurcliff himself considers that question purely academic. He is sure that even if the FAA starts with a policy of allowing supersonic flights only over the ocean, once the SST is operational the profit motive -- the more planes flying the more routes, the more money--will take over...