Investors have also been shying away from high yield, or junk, bonds because they represent loans to companies and municipalities that have the least likelihood of repaying them.
The heavily bureaucratic approach was also poorly designed, providing perverse incentives that encouraged agency examiners to review the companies with the least likelihood of having problems.
To such people, a career in science seemed to promise the least likelihood of ideological interference in their lives, a hope that had yet to be disappointed.
A committee assessed them, looking for drugs with the best evidence of effectiveness and the least likelihood of dangerous side effects.
He stuck to the back roads and looked for work farms, cotton fields, lumber camps, and chain gangs wherever there was "the least likelihood of the inclusion of jazz influences," as he put it.
Because junk bonds are considered risky -- they are loans to companies and municipalities that have the least likelihood of repaying them -- the sector has been hit hard by the market decline and the shaky economy.
Since most for-profit programs get the vast majority of their revenues from federal student aid, the regulations could effectively shut down the programs whose students have the most debt and the least likelihood of finding good jobs.
He stuck to the back roads and looked for work farms, cotton fields, lumber camps, and chain gangs — wherever there was "the least likelihood of the inclusion of jazz influences," as he put it.
