100% organic pure corporate vanilla bonds.

Sir in your “Global credit woes” June 29 you mention that “subprime problems need not cause a wider market slump and this agrees well with what Tim Bond of Barclays Capital says in “View of the Day” of the problems being more the excess leverage of the lenders, not of the borrowers. As I see it any corporation that in the future wants to issue a wholesome 100% organic and all the fibres included and no risk return deriveated away pure vanilla bond, might find a market much willing to give up some on some returns just in order to lay their hands on something they can understand better.