Word: profits
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...problem is revenue and an inefficient business model - and gripes that the Americans aren't competing on a level playing field. For one, the Japanese teams have not been run as profit-making entities; instead they traditionally operate as advertising vehicles for parent companies. The NPB's annual revenue is estimated to be only slightly over $1 billion, one sixth of what the U.S. draws. The salary gap between what the best players make in each country is equally large. The NPB has no integrated system of selling media or merchandising rights...
...Removing profits from drug trafficking through decriminalization would be a better solution than jury nullification. Before Prohibition, many of the drugs ruled illegal today were legal. We didn't have the problems then that we do today - no profit motive, no economic engine driving the illegal-drug economy and fewer people being sent to prison. Lyle La Faver, Middletown, Calif...
Several big hedge funds had already been driven out of business by such lender squeezes, starting last summer with two mortgage funds run by Bear Stearns. But Bear itself still turned a small profit in 2007. As late as the first week of March this year, there was no reason to think it was in imminent danger. Then rumors began flying that it was. Lenders refused to lend, clients refused to trade, and suddenly Bear was out of money. It was a bank run, more or less. And the scary thing was that there is no entirely satisfactory explanation...
...Removing profits from drug trafficking through decriminalization would be a better solution than jury nullification. Before Prohibition, many of the drugs ruled illegal today were legal. We didn't have the problems then that we do today--no profit motive, no economic engine driving the illegal-drug economy and fewer people being sent to prison...
...Scherrer began to brainstorm together, but came across legal questions about how to set up a non-profit. In Oct. 2006, Scherrer contacted Kate Buzicky, a fellow Princeton ROTC member who was enrolled at Harvard Law School at the time...