tag:blogger.com,1999:blog-5498961727602805543.post3402778694344977628..comments2024-02-18T04:34:40.897-04:00Comments on Living in Barbados: Tom Adams Memorial Lecture, March 11, 2010: The Value Of Political Confrontation, Transparency And National Reputation In A CrisisUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5498961727602805543.post-1816670077813492292010-03-14T09:49:06.303-04:002010-03-14T09:49:06.303-04:00@Kevin,
What Rawdon outlines is not what I would ...@Kevin,<br /><br />What Rawdon outlines is not what I would call a 'debt-equity swap', which would apply to a private corporation exchanging one kind of obligation (debt) for another (equity), and it can work in both directions, depending on what the corporation really wants to achieve by restructing its debt and financing.<br /><br />Rawdon's idea of using 'hard assets' is intriguing given what the central government has in its real balance sheet (property, land, other claims on domestic and foreign entities), each of which have current and future values that can be determined by markets, so may go up and down, but not all of which can be made available for transfer to other parties (even other public corporations) without some complex forms of legal change.Living in Barbadoshttps://www.blogger.com/profile/15844094298889730113noreply@blogger.comtag:blogger.com,1999:blog-5498961727602805543.post-55810263426711773932010-03-13T21:59:56.333-04:002010-03-13T21:59:56.333-04:00Dennis, I am fascinated by this equity for debt sw...Dennis, I am fascinated by this equity for debt swap as it relates to public assets, public debt and the matching of NIS liabilities. What are your thoughts on this?Unknownhttps://www.blogger.com/profile/03815244880960492775noreply@blogger.comtag:blogger.com,1999:blog-5498961727602805543.post-87574241692975812202010-03-13T13:02:43.087-04:002010-03-13T13:02:43.087-04:00That was another event that was on my "Must M...That was another event that was on my "Must Miss" list. Total waste of time!<br /><br />Did he mention anything about who is in charge at the Barbados Labour Party?Carson C. Cadogannoreply@blogger.com