In your muscular frame of mind you would never want to be here during dinner — "Well," your neighbor would surely say, "after Lehman went down, I mostly do distressed debt" — but, in the middle of the afternoon, this darkling haunt is precisely as it should be: cozy, friendly and unpretentious.
In July 2014, a ruling from a New York court ordered the country to pay the remaining holders of the bonds defaulted in 2001, which by then were mostly American distressed securities funds, before it paid any of its exchange bondholders.
Maxine mostly specialises in distressed tech firms, along with "check kiters", "French round-off artistes", "title 18 beefs including telemarketing rackets via the fax machine" and so on.
People were mostly excited, although some were distressed that that the mislabeling of the lines prevented them from getting prime real estate once inside.
When Iyal is distressed, Chancer is distressed.
You are distressed because they are distressed.
The problem comes down to how to deal with the banks' "toxic assets" — distressed mortgage bonds and mortgage-related derivatives, mostly — which have been festering on their balance sheets for nearly two years.
For the most part, the banks that originally lent the money to Iridium have sold the debt, and the loan is mostly held by hedge funds and other specialists in distressed securities.
But it is an attitude mostly reserved for the 20 million people who have landed, not the distressed who want to land, surveys show.
