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With the windfall earnings, he treated himself, his wife, and his sister-in-law to a vacation in Punta del Este, which he spent surreptitiously reading "In Search of Lost Time," a book he had always pretended to have read.
Criticism was expressed that the reason the government undertook the H1N1 vaccination campaign was because it generated windfall earnings for the pharmaceutical companies.
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Stock investors would also enjoy a windfall under earnings repatriation plans, but the lower the corporate tax rate, the greater the benefit.
Even without Diddy's $70 million windfall, overall earnings are up 22.5%, thanks in large part to hip-hop's dominance in the burgeoning world of streaming: over the first half of 2017, it's the most popular genre in terms of consumption, accounting for a quarter of all digital spins.
Woes on Wall Street But even years of windfall profits did not immunize Mr. Wasserman during periods of declining earnings.
Back in the mid-2000s, when oil companies were the least-loved companies on earth and Democrats in Congress were gearing up to impose "windfall" profits taxes on them, oil companies were careful not to use the word "record" in their earnings releases, even though they set records repeatedly.
And the windfall profits reaped by agricultural exporters, thanks to record commodities prices, enabled many of them to finance new projects out of earnings.
Windfall profits tax?
A record earnings season for the oil industry is stoking increased grumbling from politicians, citizens and activists who want the U.S. government to levy a windfall profits tax on companies that are enjoying their highest profits ever.
The move sees British Gas tear up a pledge made earlier this year to use an annual earnings windfall from the cold weather to keep a lid on tariffs.
Mr Clark also noted that Astra also enjoyed a $152m earnings "windfall" from its H1N1 bird flu vaccine in the third quarter of 2009.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com