1.   Loans would only incur future debt obligations, thereby hindering growth.

2.   As derivatives go, collateralized debt obligations are not all that complicated.

3.   As it happens, a leading packager of collateralized debt obligations is none other than American Express, which now admits it did not understand the risks very well.

4.   Because Transnet has no use for yen or any yen income, it plans to swap its debt obligation to end up with a rand obligation.

5.   Achieving a balanced budget is more important than a temporary default on U.S. debt obligations, a group of Wall Street investment advisers told Republican lawmakers today.

6.   But the problems could cause the company to default on its debt obligations, executives said.

7.   Company officials are telling investors they increase their cash flow to help cover their debt obligations because they see a huge upside in the properties Devon has acquiring.

8.   Enron officials also say they have enough cash and lines of credit to handle their debt obligations and keep trading on track.

9.   Even Republicans, however, have said in recent days that a default on U.S. debt obligations is practically inconceivable.

10.   Federal securities laws precluded El Paso from issuing nonvoting securities to Fidelity in exchange for these debt obligations.