He cannot have a satisfying second term if the next four years look like the last two, with a string of debt-ceiling-type budget showdowns.
Off duty, he drank heavily, played the guitar, talked a kind of pidgin Japanese...& ran up a string of debts in Japanese bars & shops.
His poem "Mirza Ghalib in Old Age" looks back at the famously impecunious life of the great Urdu bard and dwells, aptly enough, on the way that poetic lustre never pays the bills: "In every post came/ Friends' verses to correct,/ But his rosary-chain/ Was a string of debts".
He launched several unsuccessful business ventures, had the cheek to borrow the white Mercedes belonging to the future King Abdullah of Jordan, married the daughter of a well-off Jewish family and then suddenly in 1927 he took off, leaving a string of debts and a daughter behind him.
He founded Internet service provider PSINet in 1989, took it public six years later and built it into a powerhouse on a string of debt-laden acquisitions.
A string of sovereign debt defaults would endanger the survival of major European banks, including those in France and Germany, which hold a large amount of troubled sovereign debt on their books, some economists note.
The following year, Columbus travelled to Spain, apparently leaving behind a string of unpaid debts.
Martinez said his investigation revealed the doctor was in financial straits: his Las Vegas home was in foreclosure proceedings and he had a string of unpaid debts, including child support.
The loss cast a pall over the telecommunications industry, which is struggling with an austere financing climate and a string of bankruptcies of debt-ridden startups.
Records show that Ms. Kelley and her husband, a doctor, have been subject to a string of lawsuits over debts, according to a report in The Tampa Bay Times, which said the Kelleys owed a bank nearly $2.2 million, including attorney fees, on a building they own.
