"We are not back to where we were before the crisis, but we are seeing elements of pre-crisis behaviour," warned Howard Marks, co-founder of Oaktree, a distressed-debt specialist.The ready availability of cheap money is pushing up the prices of companies that private-equity firms might want to buy, he says.
A combination of cheap debt and a ready supply of new equity capital has boosted mergers and acquisitions, on which investment bankers provide expensive advice.
On Sunday, Mr Tsipras told jubilant supporters he wanted to write off half of Greece's debt, but was ready to negotiate "a viable solution" and wanted the country to stay in the eurozone.
The panic that retail investors are feeling, and they've pulled $197 billion out of their equity mutual funds this year according to TrimTabs, is a lot like what Wall Street financial firms have been going through they have too much debt, too little ready cash and thus they can't hold onto investments that might be lucrative years from now because of liabilities that are coming due today.
It will help them pay down their debt and be ready to contribute to the economy a decade from now.
He grew increasingly frustrated and, by 29, was debt-ridden and ready to quit.
He announced that while the Russian state would not stand behind Russian companies' debts, it is ready to negotiate with their foreign creditors.
The Norwegian debt collector, Mr. Hate, was ready to kill every last one of them, and it didn't look as if the local gangster Chib Calloway would do anything other than aid and abet.
His goal of putting the U.S. on a path to cut deficits by $4 trillion over 10 years provides movement, but his plan proposes $1.3 trillion in new spending and an unlimited debt ceiling that is ready to blow.
We don't want to come out of this crisis with just inflation, a mountain of debt and more shovel-ready jobs.
