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But the Government is afraid that things could turn around with such a big amount of debt.
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Currently, the industry standard is to measure performance against return on equity but the metric has been deemed unreliable because it encourages staff to take on dangerously big amounts of debt to boost returns.
"I'm a big believer," said David C. Nelson at Credit Suisse First Boston, who insists the shares are undervalued, despite a large amount of debt.
You amassed a large amount of debt.
They don't have a great amount of debt".
They have written off a large amount of debt".
But it had a correspondingly large amount of debt.
Since we cannot expect Washington and its stable of political animals to do the work, we must press for it ourselves, by sending the message to Capitol Hill: Taking on ever bigger amounts of debt is mathematically unsustainable.
The same fate can befall private-equity firms that used large amounts of debt to finance big takeovers in the boom years, and can no longer pay back the loans.
The private equity business is built on buying companies, often with large amounts of debt, and then selling them in three to six years for big profits.
Both titles are carrying large amounts of debt.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com