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Almost always, the banks have chosen neither to forgive their colossal debts, nor to bankrupt them.
Stephen Hester was hired as chief executive by the previous Labour government to cut the bank's colossal debts.
He did so primarily by channeling windfall revenues from the oil boom to pay off the colossal debts accumulated by his predecessors, Mikhail Gorbachev and Boris Yeltsin.
How can General Motors be allowed to tear up employment contracts to reduce losses while bankers argue that their contracts are written in stone despite colossal debts.
European countries worried that Mr Tsipras might offer to obstruct sanctions against Russia in exchange for aid to repay Greece's colossal debts; he said no such deal was on the table.
Daiei and other domestic chains such as Seiyu and Ito-Yokado are all struggling to cope with colossal debts and imprudent diversification, and their underfunded outlets are getting tatty.
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It argues that: [Shetlands] colossal debt burden was worsened after Margaret Thatcher introduced the 'right to buy' for council house tenants.
So it was when Rothschilds financed the Napoleonic wars; so it is today as America strives to extricate itself from the colossal debt engendered by its wars.
As usual, the turmoil centers on Greece, which is in its fifth year of recession and struggling beneath a colossal debt load.
Useless former president Juan Soler had lumbered the club with a colossal debt and two stadiums – one they couldn't sell and one they couldn't afford to build.
Prince Jefri owes a colossal debt to his big brother, who will demand repayment before any of the smaller debtors get theirs.
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CEO of Professional Science Editing for Scientists @ prosciediting.com