> It needed to take in more money, and the huge amount of debt made that worse. This grossly understates it. The interest payments alone on the new debt are >

> It needed to take in more money, and the huge amount of debt made that worse. This grossly understates it. The interest payments alone on the new debt are > $1BN per year. It ran just fine before the acquisition. After the acquisition it didn’t just need to take in more money - it needs an order of magnitude more. His decisions don’t seem likely to produce this, but business as usual just wasn’t an option either.