It was to create profits for its investors, most of whom were pension funds and endowments and foundations.
"It was to create profits for his investors, most of whom were pension funds, endowments and foundations," Mr. Ratner said.
The higher rates then suck money out of the stockmarket, driving prices down and creating profits for the short-sellers.
"He abuses local school districts to create profits for his business allies, and implements extreme policies that exacerbate racial and economic inequality in the schools," the memo stated.
This increases the amount of business that flows through Wall Street, but it also lifts the prices of the bonds the banks hold, creating profits for the traders.
He added, "Maybe that's because when Mitt Romney was a finance executive, he was more focused on outsourcing American jobs and creating profits for investors without any regard for the impact of his decisions on middle-class families".
Gazprom is the epitome of Russian state-capitalism: it is designed to create funds for the Russian government, to create profits for oligarchs, and to give cheap energy to the Russian people.
Although the Romney campaign plans to argue that Mr. Romney created jobs during his time at Bain, the proposition is a tricky one; the driving force of private equity is to create profits for investors, and while job creation may be a happy byproduct of corporate turnarounds, it is never the stated goal, and jobs cuts are very often a consequence, too.
It is often argued that the existence of IP laws incentivises innovation (as the monopolisation of knowledge or products create profits for those who own the IP rights) but considering the low number of patents in Kenya, the current high level of innovation cannot be attributed to incentives offered by the western-style patent regime that is in place.
Track the dollar, too, as the lower it goes the more manufacturing exports will rise and create profits for the makers.
