These oddball securities are traded like stock but treated for tax purposes like debt.
Its 42 days in bankruptcy cleansed the company of lots of bad things, like debt and an out-of-whack pay scale.
"The prince does not like debt, " says adviser Michael Jensen, the Citibanker.
But on the basis of EV, which takes into account important things like debt and cash levels, Cramer Airlines was priced much less per share.
While the bottom lines are being cushioned with loan loss reserves releases and accounting maneuvers like debt valuation adjustments the revenue number tells a more honest story.
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Her support at home, however, is hinged on her ability to convince voters they are not paying too much for the mistakes of their neighbors, like debt-heavy Greece and Italy.
Lenders are now coming up with new excuses like debt to income (DTI), and with full knowledge that these new factors disqualify current existing customers from a current market rate.
But Mr Legrain has a gift for combining big numbers that offer a sense of the scale of the global build-up in things like household debt while zeroing in on what all this means for people like Thorvaldur Thorvaldsson, a proudly left-wing Icelandic carpenter and unlikely sometime property speculator.
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What happens if we pay down our debt and the world, at least those parts that use our debt to guarantee transactions, has to find something else as secure, liquid and has some fractional ability like our debt.
The catalyst: ratings agency downgrades on structured products like collateralized debt obligations containing subprime-tainted mortgage collateral.
BRICs are buying safer securities like German debt before they start buying Italian debt.
Third, it's unwise to invest in vehicles like collateralized debt obligations and collateralized loan obligations that you don't understand.
Financialization is why so many market participants were anxious to create, buy, and sell high-risk assets like subprime debt.
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Structured products like collateralized debt obligations have lost billions in value as the loans underlying their complex structures deteriorate.
Like how debt needs to be slashed to enable banks and companies to grow, be profitable and survive shocks.
Take advice from people like National Debt Line, Shelter and Citizens Advice Bureau who offer free and impartial advice.
So that gave financial whizzkids a motive to create complex securities like collateralised debt obligations (CDOs) based on subprime mortgages.
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Credit scores treat student loan debt just like any other installment debt (and make no distinction between federal and private loans).
"We share those passions and when you have a problem like World Debt which is soluble, then seize the moment, " he enthused.
Stan O'Neal, the chief executive, has tried to take the firm into all of these new areas like collateralized debt obligations, mortgage-backed securities.
But, given the dangers of default in Europe, the CFTC was trying to exclude the ability to invest in certain risky securities like sovereign debt.
More specifically, the transit-tax vote hints at a newfound sense of pragmatism and subtlety that, critics have long suggested, tea party Americans have failed to exhibit on issues like the debt ceiling.
In the U.S., the fiscal cliff debacle promises to take its toll on markets, much like the debt ceiling debate which resulted in a credit rating downgrade and a massive risk asset correction last year.
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Few municipal issuers default, and the insurers didn't offer to back very risky issues, so they had an easy business, but they have gotten greedy in recent years, providing backing for complex securities like collateralized debt obligations, which are built in part out of subprime mortgages.
This latest Greek debt restructuring episode is just like the entire EU sovereign debt crisis it drags on as more meetings are held, and then drags on some more as still more meetings are held.
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There is nothing they like less than debt being built up without being informed.
Believe me, it was nothing like watching the debt-ceiling debacle of last summer.
Offering a pension is like incurring a debt, since it involves the promise of a series of future payments.
The governor has put a deficit counter on his website, like the national debt clock in New York.
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