Category: Collateral

CAC-handed

27 November, 2012 (15:22) | Argentina, Bonds, Capital markets, Collateral, equitable principles, Global news, Law, Recapitalization, Sovereign bankruptcy, Theory, Workouts |

By:David A. Smith Though virtue often has to be its own reward, every now and then standing up for principle and not knuckling under to sovereign coercion is sometimes acknowledged even if not rewarded, and that is rare enough to be celebrated even if it is only an interim victory, as reported recently in the […]

Nobody home to go his bail

19 May, 2011 (09:17) | Collateral, Credit, Equity, Homeownership, Innovations, Markets, Security, US News | 1 comment

By: David A. Smith    I found out last Monday That Bob got locked up Sunday They’ve got him in the jailhouse way down town. – In the Jailhouse Now, Jimmie Rodgers   You’ll need some large collateral   Despite their prevalence in hard-boiled movies, I’ve never understood the business model of bail bondsmen until […]