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At the same time, deleveraging — the winnowing down of banks' troubled balance sheets — continues to crimp lending.
Paulson, who headed the Treasury Department at the time of the rescue, said AIG shareholders should have faced punishment for the company's troubled balance sheet.
And a firm backed by Qatar agreed to buy an arm of the KBC Group of Belgium for $1.4 billion, giving KBC additional capital to support its troubled balance sheet.
Bob Konefal, a managing director for Moody's, said the Agere offering was a "critical liquidity event," a chance for Lucent to take some pressure off its troubled balance sheet.
One of the outcomes may be a fresh round of merger activity, though buyers willing to take on some of these troubled balance sheets seem to be scarce.
Investors are looking for signs of a recovery in the dry bulk shipping market, but they have to be patient: With a large supply of ships set to be delivered and many companies facing troubled balance sheets, the road up from the bottom will be long and steep.
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Banks were not just undercharged for the formal liquidity lines they offered to conduits and SIVs; they were also undercharged for reputational risk, the informal obligation to reabsorb troubled off-balance-sheet assets to help their clients.
In fact, our investment advisers foresee these assets troubling bank balance sheets for another five to 10 years.
Until recently, North Dakota had a dwindling population and trouble balancing a very small state budget.
James hands Jeanne a champagne glass, which she has trouble balancing while holding their son.
These governments always have trouble balancing their budgets during economic downturns, and this downturn has been worse than most.
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