Yet, his lawyer now says, he was forced to borrow millions more from the company last year to meet his obligations.
It also forced local governments and school districts to borrow millions of dollars to compensate for payments they were expecting from the state.
In March 2006 it emerged that the Labour party had borrowed millions of pounds in 2005 to help fund their general election campaign.
Outlook on Borrowing As in past summers, the city is preparing to borrow millions of dollars.
"Other towns around us have had to borrow millions of dollars to do the same thing by buying the land."
Anywhere else you could borrow probably millions.
So far, 17 states and many local governments have borrowed millions to billions of dollars to spend now against that future revenue.
Those women borrowed and repaid tens of millions of dollars in the last two years.
In recent years, corporate America has become something of a private bank for its senior executives, who have borrowed millions from their companies.
Still, his lawyer said, he had to borrow millions.