Word: deadbeat
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What's fueling the high-rise fever is simple: excess cash. Enron's first-quarter revenues were up 281%, while Calpine's revenues and net income were each up more than 400%--even with California's deadbeat utility PG&E owing the company more than $300 million...
...What's fueling the high-rise fever is simple: excess cash. Enron's first-quarter revenues were up 281%, while Calpine's revenues and net income were each up more than 400%--even with California's deadbeat utility PG&E owing the company more than $300 million...
...placed in the position of having to dip into their own pocketbooks or face the embarrassment of turning away speakers, starving hungry participants and watching the summit disintegrate before their eyes. The council must take responsibility for placing its own members in such a compromised position and pursue the deadbeat Ivy Council for payment...
...said many of the bills' opponents in the Legislature are concerned about the bills' strengthened measures for collecting judgments from deadbeat defendants...
...Chinese banker. But Wang's high-profile dismissal is a signal China is getting tougher on the nation's lending institutions, which are plagued by corruption and outmoded, communist-era practices. China's banks have spent years?and lost billions?dishing out money to obsolete state-owned enterprises and deadbeat companies, many of which are owned by bankers' and officials' friends and relatives. About one out of every four Chinese bank loans are not paid back, according to official figures generally thought to be rosier than reality. Making reform and recapitalization of domestic banks all the more urgent...