Word: profits
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...Bank of America, alleging that Sihpol helped Canary Partners, a hedge fund, place orders to buy and sell Nations Funds shares as late as 6:30 p.m. at the funds' 4 p.m. (closing) price. The scheme allowed Canary, which has settled its case with Spitzer for $40 million, to profit from intervening news. (Many big corporate announcements are made just after the close of the trading day.) Sihpol's attorney says his client had supervisor approval for his actions...
...Delhi, the center of India's book trade, and buy best-selling novels and expensive educational textbooks, which they then photocopy and print in bulk in nearby cities such as Meerut. Production costs for paperbacks can be as low as 11? per copy?cheap enough to enable pirates to profit while undercutting cover prices of genuine versions by up to 70%. Though some pavement booksellers stick to selling legitimate books, others like Kumar say the knockoff trade is hard to resist because it's lucrative, demand for cheap reading material is high and local authorities can be paid to look...
Edward Guadagnoli, associate professor of health care policy at HMS, along with researchers from Boston University and the non-profit Institute for Healthcare Improvement, published their findings in last week’s issue of Health Care Financing Review...
...between, he teaches courses at the Medical School, where he is a professor of medical anthropology, and stops by to supervise healthcare programs run in seven countries by Partners in Health (PIH), the non-profit medical organization he co-founded...
...Relative to other employers on the corporate side or the non-profit side, Harvard, because of its size and because of its concern with recruiting and retaining the best faculty and staff, has a huge array of benefits that matter,” Price said...