rather than facing up to foreseeable current and future?  The WSJ front page article asks if the banks are doing this on loans for real estate deals which have “gone sour.” (For those wanting to see the full artilce -http://online.wsj.com/article/SB10001424052748704764404575286882690834088.html )

Basically the practice is to extend the maturity, and reduce principal payment amounts and interest rates.  Think of this as a more sophisticated version of home loans with little or no payment on principal and teaser interest rates.  The argument is that giving borrowers more time to pay the debt will be less costly than what would happen if the banks took over the real estate and ran the business. Skeptics call the practice “extend and pretend”.  

Where in your life or business are you extending and pretending?  Where are you putting off tough decisions or even facing up to reality?

Where could you solve something today, versus extending and pretending and use those resources of time, people and money to take advantage of the opportunities that are beginning to show up for opportunity seekers?   

Why not do a risk assessment combined with reviewing growth opportunities that are stalled for lack of cash?