So long as the real changes usually related to effective and efficient correction of management
Are made at the firm level .......
NOTHING
Fund a pack of resolution vehicles
RVs
to go around buying up non performing paper from the creditor institutions
Put these special creditor vehicles under a microscope
As exhibits for study and action.....
Yes a mechanism to replace the spontaneous mechanisms that go into motion
With emerging. Corporate defaults
in market based privateer systems