The sale of fixed assets is the second step in the lenders' move to recover Kingfisher's 70 billion rupees loans, and may finally lead to its flamboyant owner Vijay Mallya losing his Goa villa and the Kingfisher office space in Mumbai--both of which he has been reluctant to part with.

WSJ: Kingfisher's Lenders to Meet This Week

In fact, it sold well despite the bond not having a "step-up" clause, meaning the coupon is fixed permanently, a structure that is considered favorable to the issuer.

WSJ: Perpetual Bond Risk Rises With US Treasury Yields

The first step in sorting this out is to acknowledge that the problem to be fixed is not exactly the same in Euroland and the United States.

FORBES: Do The U.S. And Europe Need Stimulus Or Austerity?

The next major step toward achieving gold convertibility would be to define the US dollar as a fixed weight of gold.

FORBES: The Death Certificate Of The Paper Dollar: Where To Next?

The first step is simply for a player to note the time it takes for the ball to pass a fixed point to get a rough approximation of the velocity of the ball.

FORBES: Scientists Beat The House At Roulette With Chaos Theory