Hints and tips:
...One of the bondholders said the creditors feared the Garcias and their advisers could attempt to force them into a “prisoner’s dilemma” to pit them against each other....
...A Buddhist bell, tolling by itself, leads to a sinister pit in the forest: one of several confined, claustrophobic spaces that incubate change....
...A rise in the value of collateral allows financial institutions to borrow and in turn push up the value of assets up further, known as “procyclicality”. “The reverse is also true....
International Edition