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Yet this process probably generated net benefits.
In the final quarter of 2010, the bank generated net profits of $2.39 billion on revenues of $8.64 billion.
Its wealth management operations, the world's biggest, attracted 40.2 billion francs in new money and generated net profit of 2.4 billion francs.
The median men's program generated net revenue of just $1.1 million in 2009-10, and lost money in three of the six previous years.
The S.E.C. said Citigroup earned fees of $34 million on this travesty and generated net profits of at least $126 million.
According to the spreadsheet, for example, in last year's second quarter, the five divisions generated net new business that would be worth an estimated $551 million over the next 12 months.
Similar(28)
Still, the cable companies are struggling to generate net income.
It is practically full, and next year it will generate net operating income of nearly $100 million.
Revenue was up 7.9percenttoto £2.2 billion, or $4.1 billion at current exchange rates, generating net profit of £495 million.
Entrepreneurship does generate net gains, but most of those gains don't go to the risk-takers.
Reducing barriers to trade generates net gains, but those gains will occasionally be distributed in highly unequal fashion.
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