The state investment fund also guaranteed it will maintain a controlling shareholder position in 10 other major state-owned financial institutions.

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Creating a fund that guaranteed a two-to-one match of NRA support -- but for the other side, ideally who supports stronger gun control -- would weaken the NRA's political clout.

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The value of pensions is not guaranteed it depends on how the fund's investments perform and so there is no danger for the companies of having to make big top-ups.

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The only other guaranteed money was coming from the German Federal Film Fund.

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Sapir personally guaranteed the loan, from a Blackstone-controlled fund, at 18% interest, and later revised it to an even steeper interest rate of 20%.

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He had created a business plan for a mutual fund that bet on NBA games with a guaranteed return of 12%.

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Deposits would be guaranteed on a pan-European basis and there would be a fund to wind down big banks.

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The venture capital firms that receive matching SBA-guaranteed loans will reap 2% management fees each year on the total fund of both private investment and government-backed debt, according to Sean Greene, the associate administrator for investment at the Small Business Administration.

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Some of the products peddled by fund managers, such as split-capital trusts, and now high-income bonds, which guaranteed income but not, alas, the return of the principal, have also been tainted by scandal.

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Under the so-called 5-3-3-2 rule, applied by both the finance ministry and the health ministry, half the pension-fund investments had to be in assets (such as bonds) where return of the principal was guaranteed, not more than 30% in domestic equities, 30% in foreign securities and 20% in property.

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