Thus, when you see financial firms with weak balance sheets taking on significant credit risks, be wary, it is often a sign that the credit cycle is about to turn. (alephblog.com)
Strong balance sheets benefit from increased volatility, even as weak balance sheets are harmed. (alephblog.com)
When risky assets are held by those with weak balance sheets, it is a recipe for disaster. (alephblog.com)