Transfer of Wealth

6a. What is the fundamental reason why the interests of bondholders and stockholders do not align?  Be brief (one sentence should be sufficient).  (5 points)

       

6b. Give two legal ways in which stockholders can transfer wealth from the bondholders to themselves, in a solvent (i.e., not bankrupt) company.  Be brief (one sentence or even just a few words each should be sufficient) but be as specific as possible.  (5 points)

Method 1:   
Method 2: