And from next year, the government has banned the chaebol from guaranteeing debt payments on behalf of sister firms.

ECONOMIST: Shipping

My guess is that the private equity managers are not personally guaranteeing the debt in a 100% leverage transaction.

FORBES: Carried Interest - Any Blame Should Go To Obama And Greens Should Not Care

This is what you get when you half-talk about guaranteeing sovereign debt, and half-talk about private sector burden-sharing, and half-talk about the possibility of restructuring sovereign debt.

BBC: A fork in the road for the euro?

They are guaranteeing the issuance of new debt.

ECONOMIST: Rebuilding the banks

Many of their ideas, properly implemented, would boost long-run potential, but not address the reason why the recovery has struggled to gain a foothold: banks and households are still whittling down their pre-crisis debt, thus sapping demand and almost guaranteeing years of low growth.

ECONOMIST: America��s jobs crisis

Or maybe Germany will sign up, after all, to some variation of the "Redemption Fund" proposal from Germany's own "wise men", which would involve guaranteeing only a proportion of each government's debt, for a finite period of time.

BBC: War of words for euro summit