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Alongside Fortune, Harvard Business Review fell 15.7percentt, Forbes 15.3percentt, Fast Company 18percentt, and BusinessWeek — which its owner, McGraw Hill, is considering selling — fell 6.6percentt.
In each category, the actual returns — after taking into account the ill-timed buying and selling — fell short of the returns that were advertised to the public.
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But despite tougher regulations, unscrupulous loggers are still finding ways to get timber out of the jungle and selling it as legally felled wood, locals say.
In another case, which has recently come to light in Papua, the police have been confiscating illegally felled timber and selling it back to the culprits.
Companies are selling exotic financial products similar to those that felled markets and the world economy last fall.
With the collapse of the regime and the economic crisis that followed, they were allowed to sell the timber they felled.
Only 16% of its land is arable, so there is pressure to fell trees and sell timber.
Farmers in Texas, also affected by a major hurricane, requested growers in Florida wait 15 days so they could sell their citrus crop that fell.
When he was 13, he made himself $400 by offering to clear a piece of land for a real estate developer on the condition that he could keep the felled trees to sell as firewood.
NEW YORK TIMES Green Mountain Founder Sold Stock Before It Fell | Robert P. Stiller sold $66.3 million of his Green Mountain Coffee Roasters stock on Feb. 15 and 24, before shares fell 16 percent on March 9 when Starbucks introduced a rival coffee machine, Bloomberg News reports.
Much common land was woodland, bought up and felled by speculators who sold timber to railway companies (for sleepers) or to mines (for roof support).
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CEO of Professional Science Editing for Scientists @ prosciediting.com