Word: profiteering
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Dates: during 2000-2000
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...When Rudenstine announced the 20/20/2000 initiative last year, housing advocates hailed the move as an unprecedented commitment to affordable housing, unmatched by any other private, non-profit institution...
...Harvard disbursed its $20 million--split equally between Boston and Cambridge--among three intermediary non-profit organizations, the Cambridge Affordable Housing Trust (CAHT), Boston Community Capital and the Local Initiatives Support Corporation, who will pass the money on to local community development corporations in the form of low-interest, unrestricted loans...
ICANN is a private, non-profit corporation which is charged with the oversight of domain name registration, the system by which Internet users are able to receive names such as harvard.edu or amazon.com. Formerly controlled by the U.S. Department of Commerce, the domain-name registry was transferred several years ago to a for-profit corporation, Network Solutions, whose high profits and monopoly control prompted the government to transfer control once again to ICANN. In coming years, the group will decide on the creation of new, publicly available top-level domain names to augment the familiar .com, .net and .gov. However...
...enjoyment--i.e., noncommercial use. Congress has even declared, in the Audio Home Recording Act of 1992, that it is legal to make recordings and lend them out to people, provided it is not done for commercial purposes. It is unlawful, of course, if it's done to make a profit. "The law does not distinguish between large-scale and small-scale sharing or lending," insists Boies, who puts Napster's chance of winning the suit at fifty-fifty...
...owners of the dance-studio building described in your article on rising real estate prices in San Francisco, "When Dotcoms Move In" [NATION, Aug. 28]. It was inaccurate to imply that our company, Pomegranate Design & Development, is just one more of "those well-funded, profit-challenged dotcoms." We are not a dotcom; we have never rented space to a dotcom, and have no plans to do so in the future. MARCI RISEMAN AND EVAN SAGERMAN San Francisco...