right direction

distresed or discounted asset investing is necessary for the capital structure. it eliminates 0 as a line item, gravity notwithstanding. thinking that a bankruptcy code, debt for equity swaps, and, now, FPI in distressed or defaulted corporate debt is good. 3 year lock for FPI's that tend to have 7-10 year horizons

power sector equity should + from here

http://www.livemint.com/Money/pxVfpPGP4uA9rmVPe6BVGK/RBI-allows-foreign-investors-to-buy-bonds-in-default.html