If that happens, holders would enjoy handsome capital gains alongside a good yield and absolute safety.
This implies that a creditors primary concern is not the absolute safety of a bond or other credit instrument, but its relative safety.
The AIG mess, then, is the result of denial about the level of risk, arrogance that the triple A credit rating is an absolute safety belt, greed about compensation that leads to reckless behavior and overall, a level of irrationality that approached insanity.
"As much as I wish it were, safety is not an absolute, " Nield pointed out.
According to Raghu Chundawat, a Delhi-based wildlife scientist who is not connected to the project, any long-term suspension of the radio-collar programme would be a "disaster" for the Sundarbans, and doubts about the safety of the drugs are "absolute nonsense".
The bad news: Workplace safety experts say the decline in fatalities was due in part to lower employment nationwide, particularly in the construction and manufacturing industries. (Construction-related deaths, still the highest among any profession on an absolute basis, dropped to 1, 178 from 1, 239.) Improved safety standards have helped stanch the bleeding, too, they say.
"This is an absolute attack on privacy online and it is far from clear this will actually improve public safety, while adding significant costs to internet businesses, " he said.
The right to family life is not absolute (unlike the right not to be tortured) but may yield in the public interest, including safety and economic well-being.
ECONOMIST: Bit by bit, Britain is closing its borders to immigrants
Unless preservation of capital is your absolute priority and growth is of no importance, the right approach is to find a balance between short-term safety and the pursuit of long-term results.
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