1. And the foreign banks are increasingly singled out for encouraging the reckless borrowing, which for the banks was so profitable. 2. Reckless short-term borrowing had set up the peso for a precipitous fall. 3. The Koreans are lambasted for reckless borrowing. 4. Most analysts say the crisis was caused by many factors, including reckless borrowing by Thai entrepreneurs, a weak financial infrastructure and widespread corruption. 5. That will curb reckless borrowing by companies. |