Word: profitable
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Dates: during 1990-1999
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...edition of the modern Games should take place in the nation where the Olympics were born. But most I.O.C. members succumbed to their misgivings about the Greek capital's pollution and potential safety problems. Atlanta promised smoother sailing, to say nothing of the likelihood of the kind of neat profit from commercial sponsorship perfected at the 1984 Games in Los Angeles. Complained Melina Mercouri, actress and former Greek Minister of Culture: "Coca-Cola won over the Parthenon...
...Bill, set up a friendly little thrift that eventually became Mile High Savings and Loan. He was doing just what Congress had envisioned when it carved out a role for S&Ls in the early 1930s. Limited by law to making home loans and earning the narrow profit margins provided by a relatively stable real estate market, Mile High was helping propel the great American Dream of home ownership for everyone...
...Coop director Peter Pil, an MIT student, said the rebate could have ended up even lower this year. Considering that the retail industry has suffered significant losses in the struggling Massachusetts economy, the Coop was able to make a "pretty good profit," said...
Still, despite the University's trademark enthusiasm, it will be a few months before Harvard sees a profit on the venture, said Sylvia J. Struss, who administers the program. Straus attributed this delay to high initial costs and bureaucratic red tape involved in the process...
Although they expect the program to receive some private funding, club organizers said they aren't planning to yield a profit on the venture...