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It's worth noting, as well, that in 2002, in the wake of the Enron scandal, many business schools vowed to examine eroded values and balance-sheet shenanigans.
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Strong performance since the start of the year has eroded value opportunities for investors, Leggate said.
Where are all the enlightened conservatives who decry America's eroding values?
Another driver of debt is the eroding value of Pell grants, which are targeted to low-income families.
Those are all radical moves, but the eroding value of H.P. makes the need for remedies hard to overstate.
European banking shares have plunged since the summer on concerns about lenders' ability to make up for the rapidly eroding value of their European government bond holdings.
Toyota was also hurt by rising costs of steel and other raw materials, as well as a stronger yen, which erodes value in Japan of overseas earnings and makes Japanese products more expensive abroad.
But Abu Dhabi, the largest oil producer of the seven city-states that compose the United Arab Emirates, is worried enough about the eroding value of its pile of petrodollars that it appears ready to pursue more big-ticket deals.
And a delay in closing the entire deal could seriously erode value to Reckson shareholders.
The result: a vicious cycle that can drive down the stock and erode value even further.
Russian consumers have also been hit by the eroding value of the ruble.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com