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Some banks simply let the super-senior debt accumulate on their balance sheets.
Before we consider the merits of these alternatives -- debt reduction versus public investment -- let's ponder another consideration, how did this debt accumulate?
Don't let debt accumulate again; paying all of your bills on time will help you build good credit.
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Debt accumulated - but Enron grew, becoming the seventh largest corporation in the US.
The debt accumulated over a decade, much of which was marked by drought.
Our country has a huge national debt accumulated over the years.
As prices have soared, so has the debt accumulated by investors.
Meanwhile, debt accumulates interest at the rate of inflation plus up to 3%.
It was absurd to try to run with so much debt, accumulated in part through takeover and merger deals.
But that left 10.7 trillion renminbi worth of debt accumulated by local governments to meet obligations under the national plan.
Charting the American Debt Crisis A set of charts illustrating how the national debt accumulated and other related topics.
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