1.0 link 231597 http://www.huffingtonpost.com/pablo-triana/apply-debt-for-equity-to_b_231597.html Prominent commentators have proposed that the solution to our current economic and financial predicaments lies in going through a huge debt-for-equity swap whereby creditors become equityholders and debtors are thus relieved of their (mostly, unmeetable) obligations. Cleanse the system from debt, the thinking goes, and all will go well. Would debtors like to relinquish their equity in exchange for becoming debt-free? Most likely, yes. Would creditors want to give up their debt assets in return for equity stakes? Possibly, too....

]]> 2009-07-15T10:13:00-04:00