11. He could have developed it more quickly, he says, if the big studios had backed the project early on. 12. His company is the first corporate sponsor to back the project. 13. In short, these investors are backing projects that profit from preserving those assets. 14. Investors are less willing to back speculative projects, analysts said. 15. Lawmakers from small states band together to back favorite projects. 16. Not everyone backs the project, though, or even shares the same view of what rejuvenation is. 17. No one knows whether lawmakers will completely support the budget deal or whether they will back projects that could win them favor with voters. 18. On the contrary, the Dodge Division of DaimlerChrysler has enthusiastically backed the project. 19. Scottsdale City Councilman Robert Pettycrew, who backed the project, said the city will benefit financially in the long run. 20. That confidence led foreign banks, especially Japanese banks but also European and U.S. lenders, among others, to sometimes back speculative projects. |