The gold standard of Olympic profitability was set by the 1984 Summer Games in Los Angeles, which turned a profit of $215 million.
Profitability was not on the agenda.
Still, increasing Barneys' profitability was a prime objective in hiring him.
Verizon's chief financial officer, Fran Shammo, said Wednesday at a conference that FiOS's profitability was increasing.
The company said the fall in profitability was due to "certain non-recurring overhead costs".
He stressed, however, that profitability was not a "precursor" to a return to private hands.
"Overall in 2013, profitability was significantly reduced in many institutions compared with 2012.
He said that "improvement in profitability was somewhat muted by costs" associated with the transformation.
Profitability was similarly high in the previous three years, giving firms a cushion if orders dry up.
Carteret's financial standing had stabilized in 1992 and its profitability was sustainable, the court said, citing testimony from regulators.
Profitability was not a concern either for the borrower or, since their margins were guaranteed, for the banks.
