Yeah, I always thought the two primary factors here were the lost bet on WiMax (which probably cost a lot to build infrastructure for) and the Nextel aqui-merger causing a lot more friction than synergy.

I'd be a horrible businessman, because I really can't imagine keeping so much debt and simply being okay with it until its too late. I'd be considered a fool if I managed my personal finances like that, but that's the normal operation when managing millions or especially billions at a time.