But the Irish bailout showed that solvency can be a question of judgment rather than precise rules, while the concept of eligible collateral is similarly elastic.

WSJ: Now We Are Seeing Politics in the Raw

The question becomes how much more the lender wants to spend on legal fees to gain clear title to the collateral.

FORBES: Court Decision Gives Lenders A Headache, Borrowers An Ace In The Hole

The question a banker asks will not be what is the interest rate they will charge and what is the collateral.

ECONOMIST: A reader debate on Islamic finance

My question, the one that everyone should in fact be asking, is whether that benefit is worth the collateral costs that will come from it?

FORBES: A Response to Global Witness