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Bankruptcy Quotes

Browse 237 quotes about Bankruptcy.

Bankruptcy Quotes

“A great love is a credit opened in favor of a power so consuming that the moment of bankruptcy must inevitably occur.”

Love Moments Love Is Credit Favors Consuming Great Love Bankruptcy

Author:Honore de Balzac

“the psychological attitudes which are indispensable in the American market place are disastrous to family life. Family life ... requires yieldingness, generosity, sympathy, altruism, tenderness-all the qualities, in fact, which lead straight to bankruptcy. ... the American family is tragically out of gear with the profit structure which has mushroomed up around it.”

Facts Attitude Quality Structure Profit Psychological Generosity Tenderness Altruism Indispensable Family Life Gears Bankruptcy American Family

Book:The Folks at Home

Source: The Folks at Home

“The people who are filing for bankruptcy in increasing numbers every year, it's not the poorest. It's not the people at the economic fringes. It's people who worked hard and played by the rules.”

People Years Hard Money Numbers Economic Middle Class Fringe Poorest Bankruptcy Filing

Author:Elizabeth Warren

“When people are collecting gold they aren't doing business. ... Gold is constipation: even bankruptcy is more fluid. Gold isn't wealth: positions in markets are wealth.”

People Wealth Money Position Gold Collecting Fluid Bankruptcy Constipation

Book:House of All Nations

Source: House of All Nations

“It's more likely in America that your parents will file for bankruptcy than divorce. We think of divorce as so prevalent, but we all know that happens because somebody moves out of the house.”

Thinking Knows Happens America Moving House Parent Divorce Files Bankruptcy

Author:Elizabeth Edwards

“Single people slip out of the dating market for many social, economic, psychological, and ideological reasons including marriage, illness, bankruptcy, job promotion, exhaustion, and common sense. Inevitably, however, they return because of divorce, boredom, loneliness, and memory loss.”

“Winter is not an end. It is in transit. It is headed to bankruptcy. The sheriff will sell its stock for what he can get and an ice man will be the only bidder at the sale.”

Men Ends Sells Winter Ice Bankruptcy Sheriffs

Author:William Alfred Quayle

“Moral improvement (or perfecting) require an evolution leading to a higher consciousness, which is the true torch of life; it is what we have failed too much to appreciate, and that which would be fatal to fail to appreciate any longer ("pluslongtemps", Fr.); For if we do not take it upon ourselves to remedy in time to the moral colapse (or bankruptcy) that already threaten, the whole civilisation will risks to disappear.”

Ifs Whole Would Be Consciousness Moral Too Much Failing Risk Evolution Higher Appreciate Disappear Improvement Remedy Civilisation Torches Bankruptcy Higher Consciousness

Author:African Spir

“I had to escape the destruction of my fathers bankruptcy and all that difficulty.”

Father Destruction Difficulty Bankruptcy

Author:Brendan Coyle

“Power ... was the coin of the Washington realm and, without it, you might as well file for bankruptcy.”

Wells Might Realms Coins Files Bankruptcy

Author:Elizabeth Ray

“Our schools should get five years to get back to where they were in 1963. If they're still bad maybe we should declare educational bankruptcy, give the people their money and let them educate themselves and start their own schools”

People Ifs Giving Should Years Stills School Education Five Educational Five Years Get Back Educate Bankruptcy

Author:William Bennett

“If we didn't have greed, market economies wouldn't be as innovative as they are. But in my view, greed has to be contained by the fear of losses, so there has to be a system where, if you take too much risk, you go into bankruptcy. You don't systematically bail out people who take excessive risks.”

People Ifs Loss Views Economy Too Much Risk Greed Innovative Bankruptcy Market Economy Bail

Author:Nouriel Roubini

“Even if you feel like your debt is just never going to go away, think long and hard before declaring bankruptcy. Declaring bankruptcy means that getting a loan for anything will be next to impossible for the next 10 years.”

Ifs Thinking Feels Years Mean Long Hard Next Impossible Like You Debt Going Away Loan Bankruptcy Declaring

Author:Alexa Von Tobel

“When we finally have this recall election in October, there could be as many as 200 people on the ballot. And you know what's really scary? Most of them don't know the first thing about driving a state into bankruptcy. They're not experts like Governor Gray Davis.”

People Knows Firsts States Election Scary Driving Experts Gray Governors Recalls October Ballots Bankruptcy Really Scary

Author:Jay Leno

“In 15 years from now half of US universities may be in bankruptcy ... in the end I'm excited to see that happen. So pray for Harvard Business School if you wouldn't mind.”

Ifs Years Mind May Ends Happens School Half Praying University Excited Harvard Bankruptcy Business School

Author:Clayton Christensen

“When an American declares bankruptcy, when he hits bottom, he can reinvent himself. There's a story he can tell. We tolerate reinvention. We encourage reinvention. That's what this country has that Europe does not. It's not just a crisis; it's an opportunity.”

Doe Country Stories Opportunity Europe Crisis Bottom Tolerate Bankruptcy Reinvention

Author:Michael Lewis

“We do not project power from bankruptcy court. We're borrowing a million dollars a minute.”

Millions Minutes Projects Court Dollars Million Dollars Borrowing Bankruptcy

Author:Rand Paul

“If India is not to declare spiritual bankruptcy, religious instruction of its youth must be held to be at least as necessary as secular instruction.”

Ifs Spiritual Religious Youth India Instruction Secular Bankruptcy

Book:India of My Dreams

Source: India of My Dreams

“With money come the tests. My bankruptcy, which at the time I thought was a disaster, turned out to be a major blessing. It taught me so much! Money is not only an isolator, but it's a magnet, too. It draws all kinds of people to you - you may not want them but it draws them to you anyway. The reverse of that, a bankruptcy, sends everybody away.”

People Want Kind May Taught Blessing Majors Draws Tests Disaster All Kinds Reverse Magnet Bankruptcy

Author:Leslie Parrish

“History teaches us that the capacity of things to get worse is limitless. Roman history suggests that the short, happy life of the American republic may be coming to its end... the US will probably maintain a facade of constitutional government and drift along until financial bankruptcy overtakes it.”

May Ends Government Political Politics Teach Capacity Financial Republic Happy Life Limitless Bankruptcy Facade Constitutional Government

Author:Chalmers Johnson

“Bankruptcy is a legal proceeding in which you put your money in your pants pocket and give your coat to your creditors.”

Giving Funny Money Pockets Pants Coats Bankruptcy Proceeding Creditors

Author:Joey Lauren Adams

“Bankruptcy represents a longstanding commitment in this country to helping people get a fresh start. This principle has never been giving only certain people a fresh start.”

People Giving Country Helping Certain Principles Air Commitment Helping People Bankruptcy Fresh Start

Author:Tim Johnson

“This new England we have invented for ourselves is not interested at all in education. It is only interested in training, both material and spiritual. Education means freedom, it means ideas, it means truth. Training is what you do to a pear tree when you pleach it and prune it to grow against a wall. Training is what you give an airline pilot or a computer operator or a barrister or a radio producer. Education is what you give children to enable them to be free from the prejudices and moral bankruptcies of their elders.”

“Disappointment is a sort of bankruptcy - the bankruptcy of a soul that expends too much in hope and expectation.”

Soul Hope Literature Too Much Expectations Disappointment Disappoint Bankruptcy Disappointment Love Disappointment In Friends Hopes And Expectations Life Disappointment People Disappoint

Book:The Passionate State of Mind

Source: The Passionate State of Mind

“For the personality, bankruptcy or failure may be a disaster. For the soul, it may be grist for its strangely joyful mill, and a condition it has been secretly engineering for years.”

Years May Has Beens Soul Conditions Personality Disaster Engineering Joyful Mills Bankruptcy

Book:The Heart Aroused: Poetry and the Preservation of the Soul in Corporate America

Source: The Heart Aroused: Poetry and the Preservation of the Soul in Corporate America

“The bankers might not have said it in so many words, but gradually their strategy emerged: Target families who were already in a little trouble, lend them more money, get them entangled in high fees and astronomical interest rates, and then block the doors to the bankruptcy exit if they really got in over their heads.”

Ifs Littles Said Might Interest Trouble Doors Strategy Rate Block Target More Money Bankers Exit Bankruptcy Fees Interest Rate

Book:A Fighting Chance

Source: A Fighting Chance

“Half of all people who go bankrupt cite a medical problem as one of the things that drove them into bankruptcy.”

People Problem Half Medical Bankruptcy Citing Medical Problems

Author:Amelia Warren Tyagi

“The fact is, out of all the possible reasons for going bankrupt, only three account for nearly 90 percent of bankruptcy: a job loss, a medical problem, or a divorce. And the fact is that those are exactly the kind of calamities that the bankruptcy courts were designed to help people through.”

People Kind Reason Facts Helping Problem Jobs Three Loss Percent Accounts Court Divorce Medical Calamity Bankruptcy Job Loss Medical Problems

Author:Amelia Warren Tyagi

“Greece's debts are all denominated in euros, but it isn't clear who holds how much of those debts. For that reason, the consequences of a national bankruptcy would be incalculable. Greece is just as systemically important as a major bank.”

Important Reason Would Be Clear Majors Consequence Debt Greece Bankruptcy Euro

Author:Wolfgang Schauble

“The government cannot become a bailout organization for companies on the verge of bankruptcy.”

Government Company Organization Bankruptcy Verge Bailouts

Author:Martin Winterkorn

“If a company can declare bankruptcy, why can't a country do so?”

Ifs Country Company Bankruptcy

Author:Pope Francis

“Respondents had been so overwhelmed by their in-box they'd declared "e-mail bankruptcy.”

Boxes Mail Overwhelmed Bankruptcy

Book:The Winter of Our Disconnect: How Three Totally Wired Teenagers (and a Mother Who Slept with Her iPhone)Pulled the Plug on Their Technology and Lived to Tell the Tale

Source: The Winter of Our Disconnect: How Three Totally Wired Teenagers (and a Mother Who Slept with Her iPhone)Pulled the Plug on Their Technology and Lived to Tell the Tale

“I'm talking about France and Germany and Italy and Spain - new friend Germany - and I love that story, how they lead the world in some things that the world needs leadership in. Amongst them we're the only ones without national healthcare. Can't go to a hospital and not worry about falling into bankruptcy. They go to university free. We're killing our students with debt. That scares me.”

World Needs Stories Fall Talking Worry Students Killing University Debt France Germany Hospitals Scare Healthcare Spain Bankruptcy New Friends

Author:Tavis Smiley

“Donald Trump has filed so many bankruptcies and busted so many companies that his children now have receding heir lines.”

Children Lines Company Trump Heirs Bankruptcy Busted

Author:Michael R. Burch

“Trump Entertainment Resorts declared Chapter 11 bankruptcy. Or as Donald Trump describes Chapter 11, "Back-to-back number ones!"”

Numbers Trump Entertainment Chapters Resorts Bankruptcy

Author:Conan O'Brien

“Greece bankruptcy will trigger a market crash. My advice: Buy Bitcoin & Gold Both will rise when the markets crash.”

Advice Gold Crash Greece Triggers Bitcoin Bankruptcy Market Crash

Author:Kim Dotcom

“We must have an economy that does not force the migrant worker's child to miss school in order to earn...just so the family can eat. That is the moral bankruptcy that trickle-down economics is all about.”

Children Doe School Order Force Moral Economy Missing Economics Workers Bankruptcy Migrants Trickle Down Trickle Down Economics Migrant Workers

Author:Barbara Jordan

“We [Americans] inherited British law, which is like the new "reforms" that are being made now, in the sense that people are permanently entrapped in debt, if they once fall into bankruptcy. The reason that the law was changed in American history - the whole early period of the formation of the country was moving away from British law into a law that is generated here and that conforms to the sense of what is appropriate here.”

People Ifs Made Country Reason Whole Moving Law Fall Changed Periods British Debt Reform Appropriate American History Conform Formation Bankruptcy Moving Away

Author:Marilynne Robinson

“The model for our early bankruptcy laws was Deuteronomy, the idea that, under certain circumstances - in Deuteronomy, it is simply the passage of seven years' time - people are released from debt, simply because they are released from debt. No more debt. You start over again. This has been a very powerful model in this country. It's being destroyed now. People talk about how much new employment, new wealth, and so on are continuously generated in this country.”

People Years Has Beens Ideas Country Law Certain Wealth Powerful Circumstances Models Seven Debt Destroyed Employment Passages Seven Years Starting Over Very Powerful Bankruptcy

Author:Marilynne Robinson

“In business, poor performance leads to bankruptcy or, at a minimum, a restructuring of the company. In American education, failure entitles the bankrupt system to even more taxpayer dollars.”

Poor Company Performances Dollars Minimum Taxpayers Bankruptcy American Education Restructuring Poor Performance

Author:Cal Thomas

“Drink has shed more blood, hung more crepe, sold more homes, plunged more people into bankruptcy, armed more villains, slain more children, snapped more wedding rings, defiled more innocence, blinded more eyes, dethroned more reason, wrecked more manhood, dishonored more womanhood, broken more hearts, blasted more lives, driven more to suicide and dug more graves than any other evil that has cursed the world.”

“It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.”

May Long Term Decision Effects Financial Credit Debt Cards Consumers Long Term Imperatives Credit Card Bankruptcy Pitfalls Credit Card Debt

Author:Daniel Kahikina Akaka

“The current health care takeover proposals feature a crucial payoff to Big Labor - a golden exemption from any tax on union members' generous health care benefits. The friends and patrons of Obama may be making out like bandits. But for everyone else, the Democrats' ideological bankruptcy comes at a nauseatingly steep price.”

“By the end of the 20th century, "liberals" had again discredited themselves, to the point where they went back to calling themselves "progressives" to escape their past, much as people do when they declare bankruptcy.”

People Ends Past Century Calling 20th Century Bankruptcy

Author:Thomas Sowell

“We have to have structural entitlement reform, major spending cuts and not tax increase-retardants on economic growth to reverse our current course toward national bankruptcy, but Obama steadfastly remains on the wrong side of all these solutions.”

Courses Sides Growth Cutting Economic Taxes Majors Solutions Increase Remains Currents Spending Reform Reverse Economic Growth Entitlement Bankruptcy Tax Increases Spending Cuts

Author:David Limbaugh

“Socialized medicine must fail for the same reasons all socialism must fail: it offers no system for rationally allocating resources, and instead promotes the overutilization of all resources, ending in bankruptcy.”

Reason Failing Offers Resources Medicine Socialism Bankruptcy Socialized Medicine

Author:Llewellyn Rockwell

“We invest in undervalued companies that exhibit strong fundamentals, above-market dividend yields and historic earnings growth, which our analysis indicates will persist. Our strategy is to own strong, fundamentally sound companies and to avoid speculative stocks or potential bankruptcies.”

Strong Sound Growth Company Fundamentals Strategy Analysis Yield Persist Earning Historic Exhibits Bankruptcy Dividends Undervalued

Author:David Dreman

“I was an advocate of the deregulation movement and I made - along with a lot of other smart people - a fundamental mistake. The financial industry undergirded the entire economy and if it is made riskier by deregulation and collapses in widespread bankruptcies as what happened in 2008, the entire economy freezes because it runs on credit.”

People Ifs Made Running Mistake Economy Happened Movement Industry Smart Fundamentals Financial Credit Collapse Freeze Bankruptcy Smart People Deregulation

Author:Bill O'Reilly

“I was an advocate of the deregulation movement and I made - along with a lot of other smart people - a fundamental mistake, which is that deregulation works fine in industries which do not pervade the economy. The financial industry undergirded the entire economy and if it is made riskier by deregulation and collapses in widespread bankruptcies as what happened in 2008, the entire economy freezes because it runs on credit.”

People Ifs Made Said Running Mistake Economy Happened Movement Fine Industry Smart Fundamentals Financial Appearance Credit Collapse Freeze Viewpoints Bankruptcy Smart People Deregulation

Author:Richard Posner

“The Stock Market was down today. Two major businesses declared bankruptcy, consumer spending is at an all time low - in other words, Bush is back on the job.”

Two Today Jobs Majors Lows Spending All Time Consumers Bankruptcy All Time Low

Author:Jay Leno