The owners of bad assets should risk their equity before taxpayers put up one red cent. (alephblog.com)
An odd bond offering that I would not buy regardless of pricing.You might say, «No such thing as bad assets, only bad prices.» (alephblog.com)
The financial regulator, the Financial Conduct Authority (FCA), has said it wants banks to hold more capital and run down or sell bad assets. (politics.co.uk)