When other world interest rates fell, carry trade investors bought back yen inordertorepay their Japanese debts - and those purchases sent the yen higher.
Instead of letting the amassed credit be reduced through explicit defaults, central banks have opted to print more currency inorderto help repay the debt over time.
Forcing a broker to stay on with an employer for another year or so inorderto avoid having torepay training costs is not best for the industry or the investing public.
In fact, the first leg of the NBCUniveral deal came at a time when GE was selling assets inorderto stabilize its financial services arm and repay billions in crisis-time government loans.
In August last year, the Supreme Court upheld SEBI's 2011 order directing Sahara torepay its bond holders as it had flouted capital market rules while issuing the bonds.