Word: high-risk
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Apart from the eternal problem of making what by their very nature are high-risk investments, venture capitalists face some other dangers. Rising interest rates are beginning to hurt those who supplement their own capital by borrowing money. Support is growing in Congress for proposals that would curtail the present liberal tax treatment for capital gains-now one of the prime incentives for wealthy investors to form venture capital groups. But as long as cash-strapped entrepreneurs dream of building giant companies, and wealthy investors savor the excitement of backing new ideas, the venture capital industry will be around...
Even when ransom is recovered, there is some cost to the lines because they usually must borrow the money from banks, which charge premium interest rates on such high-risk loans. One company is in financial difficulty because of ransom payments. Southern Airways gave $2,000,000 in November to Havana-bound hijackers, and the cash has been confiscated by Fidel Castro's government. Southern officials will not comment on how seriously they will be hurt if the money is not given back, but the line's balance sheet provides a clue. As of June 30, the carrier...
...background?" Ailes and Wade quickly agreed that above all else, "you do not break it yourself. Have the campaign committee do it, or have a friendly newsman do it, or leak it to the press. But be sure your facts are correct." Ailes continued: "This is a high-risk thing, and I would bring it up only if it bears on your opponent's capacity to hold the office. If a candidate is running as a protector of the environment and has a part in a deal in which a company is dumping sludge in a river, that...
Most doctors agree that guidelines are necessary, but some find the Hastings rules too tight. They argue that once a high-risk group is spotted-such as Jews of Eastern European descent who are vulnerable to Tay-Sachs disease-all its members of child-bearing age should be tested...
...Joseph Kraft, "President Nixon is risking almost everything to gain practically nothing" because the best the Administration can achieve is a "fig leaf for defeat." On the same day's Washington Post op-edit page, Rowland Evans and Robert Novak called the President's latest move "dangerously high-risk poker," but speculated that the pot could be rewarding in two ways: by thwarting a fresh Communist offensive in the fall while keeping the Russians far enough below the boiling point to save a Moscow-Washington agreement on nuclear-arms limitations. The Washington Star, meanwhile, declared that "the Rubicon...