Who can get Hurt when a Company Takes on too much Debt? (Essay Sample)

Please read each response and respond to it. Again, use any personal experience if appropriate to help support or debate other students' posts. If differences of opinion occur, debate the issues professionally and provide examples to support your opinions. I have included the topic. Please keep them separate. 
topic: Bombadier Industries manufactures aircraft-related electronic devices. Bombadier borrows heavily to finance operations. Often Bombadier is profitable because it can earn operating income much higher than its interest expense. However, when the business cycle has turned down, the company's debt burden has pushed the company to the brink of bankruptcy. Operating income is sometimes less than interest expense.
Response 1: 
Is it unethical for managers to saddle a company with a high level of debt? Or is this practice just risky?
It is highly unethical for a company to build up a high level of debt. That means that the business owner isn't responsible or capable enough to handle a business. It almost makes you wonder why someone like that would have taken any interest in being a business owner in the first place.
Who can get hurt when a company takes on too much debt?
It can hurt the business owner because that debt will forever run his life not only within the company, but in his person life; the bank won't lend him money because that debt shows that he is careless and irresponsible. The workers will get hurt because if a company builds too much debt, the business owner may be forced to close the company down because he can't pay to keep it active. 
Response 2: Is it unethical for managers to saddle a company with a high level of debt? Or is this practice just risky?
Highly unethical! Someone who thinks it is ethical to saddle a company with high level of debt should not be in the management business to begin with! It is not just risky it is close to against the law, when a business racks up a high-level of debt there is a low chance of anyone ever seeing that debt getting satisfied.
Who can get hurt when a company takes on too much debt?
Not only does the management get hurt. Take a restaurant for an example. When a food service place takes on debt it can come from a numerous places. It can come from management not paying of utilities in time, or not paying their food or liquor orders in full. When this happens and the money adds upon itself, in the end everyone hurts. The employees find themselves having a failing job where management is stressful because they are in debt, the places who allowed the place of food service accumulate the debt are also hurting now too. There are many aspects of one person’s unethical decision that end up being hurt.