The European Central Bank will not have to prop up shaky bond markets with unlimited funds.
One strategy is to sell a shaky bond with a "due bill".
DID THE SUMMER PANIC make you sell your shakier bonds?
Human civilization, after all, has survived far worse scares than shaky Italian bonds.
That gives them an appeal in a world where government finances look shaky and bond yields are at historically low levels.
The weak economy, lackluster consumer spending, a shaky junk-bond market and increasingly tight lending practices are also threatening struggling companies in industries as diverse as shipping, tourism, media, energy and real estate.
It all adds up to a more shaky US junk bond market, so some US bond fund managers have tiptoed into European bonds looking for bargains.
Still, you would think that as a former Wall Street titan, he would have noticed that taking giant bets on shaky, long-term bonds while financing your operations with overnight loans that can be pulled at any second is not exactly a recipe for success.
Goldman Sachs boss Lloyd Blankfein announced last month his firm had raised $1.8 billion to buy distressed securities like shaky mortgage-backed bonds.
The Dandridge family bond proves far more solid than the shaky male alliance that conspires against Eva.
