The company thought that it could make a fortune by borrowing billions of dollars to lay fibre-optic cable and selling its signal-carrying capacity to corporations.
Given the government is still borrowing a fortune, it is future generations who are footing the bill for the £350m we send to Brussels each week.
"Without having them going out and borrowing a fortune, not being able to make payments, losing it to the banks.
Sam resents Roy's greater wealth -- he has squandered his lesser fortune and borrows money from his friend -- his purposefulness, his athletic fitness, his success with women.
In short order his once-substantial fortune was expended, and he resorted to borrowing money to support his family.
A bank's own practice of borrowing and lending on its clients' fortunes is not spoken of too directly, lest it cloud the illusion that when the money is out of sight, it's in the vaults.
"The Fortune 1000 doesn't borrow from banks any more, and that's why money center banking isn't around," said Lori B. Appelbaum, an analyst with Goldman , Sachs & Company
2) The Bain Bomb explodes: All along, the Obama campaign has been planning to depict Romney, whom it has long expected to be the nominee, as a greedy, out-of-touch billionaire who made his fortune buying companies with borrowed money, looting them, and firing the workers.
Borrowing at almost the same rates as the Treasury, they earn a fortune by investing the money in higher-yielding mortgages and mortgage-backed securities.
Might you consider borrowing, say, $5 million from your wife, Cindy, an heiress to an Arizona beer-distribution fortune?
