RE: one time occasion5 Mar 2020 15:14
I would like to see the details of how a debt secured on one asset can be transfered to be secured on another asset without the consent of both parties.
if I own two houses, one with a mortgage and another without and I stop payimng the mortgage, the lender can reposes the house that they have first charge over, but they can't touch the second house!
now, if the bond was secured agains 'sound energy assets', but it isn't because that would be crazy.