Anyone in substantial amounts of debt should work even for no pay — bankruptcy would be prohibited even in cases where one could never pay their debts in full. (nakedpastor.com)
In its statement about the bid, Gannett says it could achieve about $ 50 million a year in «synergies» from the combination, which likely means layoffs and cutbacks on the operational side — especially since it would be taking on a substantial amount of debt (although the company notes it is currently debt - free). (fortune.com)
A rarely reported kind of borrowing by the US Government, called «off - budget expenditures» (OBE), could add a substantial amount of debt to the already enormous borrowing needs of the nation. (cambridgehouse.com)