1.   Bankers Trust is a swank New York firm best known for designer derivatives, an impressive client list and risky bets in emerging markets.

2.   Bailouts, they say, encourage international investors to make risky bets with the confidence that governments will pay for their mistakes.

3.   A sudden collapse of Long-Term Capital would have left many of them with risky one-way bets on their own books.

4.   But analysts say Coram remains a risky bet.

5.   But it is a risky bet.

6.   But starting a new network is a risky bet.

7.   But the transactions are often risky bets on the future.

8.   Emerging markets remain a risky bet, they say.

9.   Foreign investors have also found Austrian stocks to be a risky bet because of the limited disclosure of company financial data.

10.   However, Roffman says MGM is a risky bet because costs are running out of control in the movie industry.