Bonds have the merit of providing steady income, at rates that are now very high; they tend to be less volatile than stocks; and they have a higher legal claim on a company's assets.
Banks warn they may get tough with strategic defaulters by pursuing legal claims on a borrower's other assets.
银行界警告，它们可能会对策略违约者采取强硬措施，通过法律途径追索他们的其他资产。
3
In a Dutch court last week, the company said that the announced sale is contingent on whether the site's assets "can be used in a legal manner" -- that is, to build a legit business.