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BESI was cancelled whilst still in its pilot phase because the Project Group for Government and Administrative Reform and the Berlin state government discontinued the funding step by step in 1972 and 1974, respectively.
The fund stepped in, and the stock has since rebounded.
At the time, Citadel, the hedge fund, stepped in with $2.5 billion in aid.
When risk appears, the institutional shareholders flee while the hedge funds step in.
Sovereign wealth funds stepped in to bolster banks during the crisis.
See article.An activist hedge fund stepped up its fight with Vivendi to return €9 billion ($10 billion) to shareholders.
At least the Landrys shareholders ended up with a better price when a hedge fund stepped in.
The European Union and the International Monetary Fund stepped in with a bailout package, and again the immediate crisis was averted.
He still thinks that people can learn to resist their emotions, buy those low-cost index funds, step away from the herd and all the rest of it.
The International Monetary Fund stepped in to lead a $10 billion rescue, equivalent to more than $30,000 for each of Iceland's 320,000 inhabitants.
The Children's Aid Society, which runs the Early Head Start program and is one of the organizations supported by The New York Times Neediest Cases Fund, stepped in with a grant of $129 from the fund to buy a high chair.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com