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These borrowed with abandon in the go-go years.
Meanwhile Mexicans, starved of credit for years, borrowed with wild abandon.
The reason was that stocks were largely owned outright, rather than borrowed with other people's money.
They would begin repaying what they borrowed, with interest, in 2013.
America's saving rate has plunged, and consumer spending surged as homeowners borrowed with gusto against their capital gains.
Of that amount, about $200 million was to be borrowed with the rest to come from Cigna's cash reserves.
Similar(29)
The European Investment Bank borrows with a joint guarantee of E.U. states to finance regional development projects.
THE federal government may have astronomical deficits but it can still borrow with ease at rock-bottom rates.
But optimists pin their hopes on the American consumer, who continues to spend (and borrow) with reckless abandon.
Companies pay a higher interest rate than their governments to borrow, with the difference determined by how risky they are.
Local governments can only borrow with the explicit permission of the finance ministry, which is usually miserly.
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CEO of Professional Science Editing for Scientists @ prosciediting.com