If these houses are ranked upon the amounts of foreign loans outstanding on March 1, 1935, J. P. Morgan with 19.87 per cent, National City Co. with 11.71, Dillon, Read with 11.44, Chase, Harris, Forbes with 8.45, Guaranty Co. with 6.68 per cent, Bancamerica - Blair with 6.18 per cent, and Lee, Higginson with 4.23 per cent all rank above the highest Jewish house, which is Kuhn, Loeb with 2.88 per cent. (fortune.com)
But when Dr Bawumia and his party NPP were in opposition they criticized the Mahama government of having a voracious appetite for foreign loans which they claimed catapulted the country's debt stock to unsustainable levels. (ghtvonline.com)
«Africa's Odious Debts - How Foreign Loans and Capital Flight Bled a Continent.» (afdb.org)