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Look at all financing options. Before raiding your 401(k), ask friends and family to invest or lend money. They'll give you the best rate in town and won't break your legs if things go bad. See if you qualify for a Small Business Administration loan. If you tap your home equity, you'll risk losing the house. Better to draw down your retirement savings--after all, it's your money, so you won't owe anyone interest and can use any cash flow to grow the business...

Author: /time Magazine | Title: Turning Savings into a Start-Up | 8/2/2007 | See Source »

While the municipal government acknowledges putting more than $1.3 million into the film, "the money is an investment made through a private capital risk company - it's not a subsidy," says Carles Puig, spokesperson for the mayor. "If the film makes a profit, then so does the city government." But that doesn't settle the issue, according to Jaume Ciurana, the main opposition party Convergence and Union's representative to the city's Institute of Culture. "The private risk society [BCN Ventures] is legitimate, but it was created by the city government to support young, innovative, struggling artists - not world...

Author: /time Magazine | Title: Woody Allen's Barcelona Problem | 7/31/2007 | See Source »

...Security Council Tuesday, and one of its key backers, British Prime Minister Gordon Brown, told the Council that the plan was to "achieve a cease-fire, including an end to aerial bombings of civilians; drive forward peace talks and, as peace is established, offer to begin to invest in recovery and reconstruction." Simultaneously, however, officials accompanying him were briefing reporters that the new force alone "can't solve the problem...

Author: /time Magazine | Title: U.N. Darfur Force Aims for Cease-Fire | 7/31/2007 | See Source »

...July 23, Beijing made its boldest investment play yet. The China Development Bank (CDB), a huge, state-owned institution that until recently has focused on making large, subsidized loans for infrastructure projects, typically in the country's poorest regions, is plunging into the middle of a takeover fight for one of Europe's biggest and most venerable banks. Teaming up with Singapore's state-owned investment vehicle, Temasek - which will invest an initial $1.9 billion - CDB will fork over $3 billion for a stake in Barclays, the British bank now locked in a struggle with a consortium led by Royal...

Author: /time Magazine | Title: Enter the Dragon: China's Investments | 7/26/2007 | See Source »

...Beijing, having $1.4 trillion to invest is a nice problem, but a complicated one nonetheless. "It's the classic elephant-in-the-room syndrome," says one Western banker who advises the State Investment Company. "Where does he sit? Anywhere he wants, sure. But he's got to be very careful that he doesn't squash anything when he does." The mere whiff of a rumor that, say, Beijing may shift part of its foreign-exchange holdings from dollars into euros has rattled world currency markets several times in the past year...

Author: /time Magazine | Title: Enter the Dragon: China's Investments | 7/26/2007 | See Source »

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