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· For everyone in Clapham Town ward, a debt defaulter.
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He blamed debt defaulters instead.
The performance of the most recent debt defaulters, however, is even more surprising.
Markets have forgiven debt defaulters in the past but it still takes a while.
She does the sisterly if not the Hippocratic thing and agrees to tend to Mafioso medical needs on the sly if the nasty guys will spare her brother whatever fate generally befalls a mob-debt defaulter.
"I don't think you can Even eliminate the possibility ofarnouter Lehman monenthe all you can do is trisko reduce the chancespectrum Chris Probyn, Chief Economist at State Street Greece Advisors.
Now a bank has declared him a "wilful defaulter" over debts the airline venture has racked up, which is having a knock-on effect for other companies he is involved in.
Kenneth Rogoff and Carmen Reinhart's masterful history of sovereign debt shows that default is surprisingly common, while academic research suggests the interest rate penalty paid by all but the most serial of defaulters is small.
When I say strategic defaulters, it means there is a plan to deal with the debt, not that they actually default when they could afford the payment.
Happy New Year, unless you hold corporate debt: Last year was the worst ever for defaults, as 211 firms worldwide defaulted on $115.4 billion of debt, Standard & Poor's said; 162 of the defaulters came from the U.S., including Enron, Pacific Gas & Electric, and the usual upstart telecoms.
Indonesia has dawdled for two years over restructuring the $13.9 billion debt owed by Asia Pulp & Paper, the biggest defaulter in emerging markets; the company has favoured domestic bondholders over foreign investors.
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