I can’t see there being much willingness to give a fairer outcome to offshore bondholders rather than onshore banks, let alone house buyers and people who have lent onshore through the personal loan structures, of course legally there is also structural subordination from being offshore, which means lenders to Evergrande’s onshore subsidiaries get paid before lenders to the parent company or any offshore debt issuer.

Alexander Aitken

Alexander Craig "Alec" Aitken (1 April 1895 – 3 November 1967) was one of New Zealand's most eminent mathematicians. In a 1935 paper he introduced the concept of generalized least squares, along with now standard vector/matrix notation for the linear regression model. Another influential paper co-authored with his student Harold Silverstone established the lower bound on the variance of an estimator, now known as Cramér–Rao bound. He was elected to the Royal Society of Literature for his World War I memoir, Gallipoli to the Somme.

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