1.   If an opportunity exists in the market, the fund can borrow money.

2.   Investigations showed the lenders to Long-Term Capital did not understand how much money the fund had quietly borrowed.

3.   It also provides detailed lists of what securities a fund can and cannot buy, and whether the fund can borrow money.

4.   Losses multiplied many times over because the Shaw fund borrowed heavily to finance the BofA investments.

5.   The county fund borrowed money at floating interest rates and used the money to buy five-year Treasuries.

6.   The Orange County fund had borrowed heavily to speculate on interest rates staying low or declining.

7.   This is particularly true when banks from the developing countries fund long-term borrowing with short-term money borrowed on international capital markets.

8.   Unlike their open-end cousins, closed-end funds can borrow heavily to add to the cash supplied by investors.

9.   However, yuan funds borrowed can only be used to meet short-term capital needs.

10.   Without this assumption, it is difficult to see entrepreneurs not only using their own funds but even borrowing money to buy assets and listed firms.