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Take note, though, that price isn't everything: some sites may have lower prices on the phone credits they sell but may also have bad delivery time (slow to apply the reload to your phone) or may have bad guarantees on their product.
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But in deciding between the various possible approaches asset transfers to a "bad bank", guarantees, or further recapitalisations, whether with preferred stock, the common variety, or convertible bonds policymakers must wrestle with some thorny questions.First, how should dodgy assets be valued?
Apparently, such bad behavior guarantees free advertising and unending air time.
"While the bad-boy guarantees were originally intended to focus on truly bad-boy acts, over time lenders couldn't help themselves," Mr. Weiner said.
As part of any deal Barclays would apparently seek a bad loan guarantee scheme from the Bank of Spain.
That leads to the sort of bad behaviour guaranteed to make you unpopular with your adoptive family and teachers.
The bad-boy guarantees, also known as springing guarantees, began appearing in the 1980s, but it was not until the early 1990s that they became conspicuous.
With billions of dollars in troubled loans that must be resolved through restructurings, bankruptcies or foreclosure actions, some commercial real estate experts say that borrowers are likely to mount pressure to overturn bad-boy guarantees to pave the way for additional Chapter 11 filings.
"If lenders are logical and would rather resolve issues instead of litigate, then they will consider ways to modify the constraints that their borrowers may have originally agreed to," said Michael Pomeranc, a developer and a partner in the Thompson Hotel Group, who has signed several loan documents that included bad-boy guarantees.
Starting this year, many extensions will expire and "lenders are going to have to finally work out these loans and as a result, bad-boy guarantees are going to come under much more scrutiny," said William M. O'Connor, a partner in the law firm Crowell & Moring, who represents borrowers.
"Because of the bad-boy guarantees, we have unquestionably had far fewer bankruptcies then we would have had, and than we saw in the 1990s," said David M. Neff, a co-chairman of the hotels and leisure practice at the law firm Perkins Coie, who is based in Chicago.
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