Went to investopedia.com, and checked out "Off balance Sheet Financing". Not the same but, looks shady to me. In fact the website mentions that, off balance sheet financing came into popular use during, guess who, Enron. Maybe I am wrong, but, this does seem to bode well. Agree with kisco62, somebody explain. Do not like the looks of this.
Off balance sheet, in these times (just a hypo) is probably a way for big investors to play the bond game and have a more secure investment than buying the stock. IF the cap and trade issues and the volatility of the stock price are any indication of what is ahead, than the smart move would be to get into the bonds. This is where I get pissed because you and I the small investor have no chance of participating.