In May Grillos' lawyers sent the board of the publicly traded fund a proposal that would allow him to internally manage the fund, rendering MeVC Advisers powerless.
The ever-increasing need for the Institute to raise money to enlarge endowed and permanent funds rendered the investment returns on the Institute's assets extremely important.
"The receiver's looming demand for the payment of $75 million from the county and the possibility that the receiver might succeed with his efforts to seize all the county's remaining restricted general funds rendered impracticable all further negotiations with the county's creditors," it said.
Human rights organizations and other progressive NGOs already fully disclose their funding, rendering the current bill superfluous even by the standards of its supporters.
Access to these funds also rendered the military largely independent of the political process; an alliance of convenience developed between the military rulers headed by Phibunsongkhram and the newly emerging army chief, Sarit Thanarat and the police, in which the latter suppressed the government's political opponents in return for a share of the political spoils.
If local authorities pull funding completely, rendering organisations unviable, ACE may be compelled to withdraw its money too: no point throwing good money after bad.
A former member of the S.E.C., Joseph Grundfest, who is now a law professor at Stanford, argued that a victory by the hedge funds "would render compliance" with the disclosure requirements "essentially voluntary".
That way, instead of spreading my attention too thin, I could maintain focus, accrue more funds, and render myself wealthy.
The Greek government, which had desperately tried to avoid a bailout, caved in after soaring borrowing costs rendered funding of the country's staggering public deficit and debt virtually impossible.
The bank might undertake, directly or indirectly, to make its credit facilities available to the fund or to render other aid to the fund inconsistent with the best interests of the bank's depositors.
In this world, the concepts of enough money or sufficient funds had long been rendered obsolete: you could never have too much money, nothing could be deemed excessive and there was no such thing as a human cost.
