The Federal Reserve Chairman told an audience at the Chicago Federal Reserve Thursday that financial outfits need to deleverage and improve their ability to manage risk. (Forbes.com)

As leveraged investors begin to feel pain in their portfolios, not only do they begin to question broader risk exposure in a much more meaningful manner, but many are both forced to and many choose to deleverage, at least for a period, to stop the short term hemorrhaging. (Gold Digest)

American Restaurant Group, Inc. Reaches Agreement With Noteholders To Deleverage Its Balance Sheet. (Goliath)