But as PIK loans written in 2006 and 2007 begin to term out over the next few years, investors in these instruments may suffer the same fate as investors in negative amortization subprime loans.
FORBES: Are Floating Rate Funds The Wrong Answer To Rising Rates?
For the first time since 1948, the fate of Galilee may hang in the balance.
In the process, they are imperiling the re-election of colleagues this Fall whose fate may determine whether they enjoy majority status in the Senate next year or not.
That means your fate is much more in your hands than you may ever have thought.
His fate now lies in a jury's hands, but Lay may rue his decision to forgo a jury for his bank fraud trial.
If European leaders fail to present credible plans to resolve the sovereign-debt crisis at their summit in March, that may well seal Portugal's fate.
ECONOMIST: Chronically weak growth is Portugal��s gravest problem
More dominoes may fall in the emerging world, but the fate of the global economy stands on the shoulders of the American and West European economies, which account for about two-fifths of world output.
But there was method to my madness because by the next dry season, the fate of the Cardamoms, the last great wilderness left in Indochina, may already be decided, before almost anyone from the outside world gets a look at it.
Noam Sobel of the Weizmann Institute, in Israel, may have found a way to make this fate slightly more bearable.
Mr Milosz once wrote that exile is the worst fate that may befall a poet, since poetry cannot live without its roots in native speech.
"The fate of the European bison provides an example of the way in which a species may be brought to the brink of extinction in a very short time, and then saved only through great efforts, " says Dr. Zbigniew Krasinski of Poland's Bialowieza National Park.
Fiat may have been tempting fate with its startling announcement Tuesday that it was taking a stake in Chrysler, less than two years after a previous trans-Atlantic partnership involving the American carmaker failed--still, the move looks both bold and shrewd, given the circumstances.
They may be trotted out in a few months, about the time Congress re-litigates the fate of the payroll tax cut (which it just extended through February).
The second issue is that if we continue to act in a socially uninformed and uninspired manner, some of our new social enterprises may suffer the same fate that took down so many e-businesses at the beginning of this century.
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