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Bankruptcy Quotes

Browse 237 quotes about Bankruptcy.

Bankruptcy Quotes

“Sometimes those who bloom too early fade fast. Michael Kors struggled for years - and endured bankruptcy - before he became all rich and famous and fabulous.”

Sometimes Rich Fabulous Bankruptcy

Author:Robin Givhan

“Student debt is structured to be a burden for life. The indebted cannot declare bankruptcy, unlike Donald Trump. Current student debt is estimated to be over $1.45 trillion. There are ample resources for that simply from waste, including the bloated military and the enormous concentrated private wealth that has accumulated in the financial and general corporate sector under neoliberal policies. There is no economic reason why free education cannot flourish from schools through colleges and university. The barriers are not economic but rather political decisions.”

Reason School Political Wealth Decision Economic Military Policy Students College Financial Burden Barriers Bankruptcy

Author:Noam Chomsky

“In the midst of the East Asian crisis, there were choices. One choice would have been to encourage countries to implement a bankruptcy law that could have threatened the interests of the lenders. Workers' rights should be a central focus of development. But nowhere did issues of workers' rights, including the right to participate in the decisions which would affect their lives in so many ways, get raised.”

Country Choices Interest Decision Focus Crisis Bankruptcy

Author:Joseph Stiglitz

“When I came in, the city was on the edge of bankruptcy. I'm proud of what I did. I built the foundation that mayors after me built upon - particularly Bloomberg. But the foundation was essential because if it hadn't occurred, we would have been another Detroit.”

Ifs Has Beens Cities Proud Essentials Built Foundation Edges Mayors Detroit Bankruptcy

Author:Ed Koch

“The No. 1 cause of bankruptcies is medical bills.”

Causes Bills Medical Bankruptcy Medical Bills

Author:Michael Moore

“When I became CEO of Xerox 10 years ago, the company's situation was dire. Debt was mounting, the stock sinking and bankers were calling. People urged me to declare bankruptcy, but I felt personally responsible for tens of thousands of employees.”

People Years Felt Company Situation Calling Years Ago Responsible Debt Employee Ceo Bankers Sinking Bankruptcy Xerox

Author:Anne M. Mulcahy

“I feel somewhat responsible for the Borders Books bankruptcy.”

Feels Book Responsible Borders Bankruptcy

Author:Susan Orlean

“Even if you were to fall into extreme financial hardship and file for bankruptcy, you need to understand that your student loan debt will not be discharged in bankruptcy. It is the Velcro of all debts.”

Ifs Needs Fall Students Financial Extremes Debt Hardship Loan Files Bankruptcy Student Loan Velcro Financial Hardship

Author:Suze Orman

“The moral and constitutional obligations of our representatives in Washington are to protect our liberty, not coddle the world, precipitating no-win wars, while bringing bankruptcy and economic turmoil to our people.”

Source: Freedom Under Siege

“Today's misery is real unemployment, home foreclosures and bankruptcies. This is the Obama Misery Index - and it's at a record high. It's going to take more than new rhetoric to put Americans back to work - it's going to take a new president.”

Real Home Today President Records Misery Rhetoric Unemployment Bankruptcy Back To Work Foreclosure

Author:Mitt Romney

“Unemployment, foreclosures, bankruptcy - the cure is not more government spending, but helping businesses create jobs.”

Helping Government Jobs Spending Cures Unemployment Bankruptcy Government Spending Foreclosure

Author:Brian Sandoval

“Know what happens when an individual declares bankruptcy and how it affects his or her life.”

Knows Happens Literature Individual Bankruptcy

Author:Marilyn vos Savant

“Even if the government spends itself into bankruptcy and the economy still does not recover, Keynesians can always say that it would have worked if only the government had spent more.”

Ifs Doe Stills Government Economy Conservative Bankruptcy

Author:Thomas Sowell

“As I think through the issue of funding the rebuilding of Iraq, I think about the analogy of a bankruptcy proceeding. There is no doubt that Iraq as a country is bankrupt.”

Thinking Country Issues Doubt Iraq No Doubt Funding Analogies Bankruptcy Proceeding Rebuilding

Author:Arlen Specter

“Five thousand people every day lose their home because of a medical bankruptcy. Most of them had insurance.”

People Home Loses Five Thousand Medical Bankruptcy

Author:Debbie Stabenow

“In 1958, my father invested everything he had in a business venture and became the largest automobile dealership in Chicago for Ford's new Edsel line. But Edsel sales plummeted and my father fell into bankruptcy. I watched him struggle; working long hours to protect us from poverty.”

Long Father Hours Lines Poverty Struggle Protect Chicago Venture Automobile Bankruptcy Long Hours Working Long Hours

Author:Radhanath Swami

“The necessity of every one paying in his own labor for what he consumes, affords the only legitimate and effectual check to excessive luxury, which has so often ruined individuals, states and empires; and which has now brought almost universal bankruptcy upon us.”

States Individual Labor Universal Checks Luxury Empires Ruined Bankruptcy

Author:Josiah Warren

“An expenditure of words without income of ideas will lead to intellectual bankruptcy.”

Ideas Intellectual Income Bankruptcy Expenditures

Author:Ravi Zacharias

“Capitalism without bankruptcy is like Christianity without hell.”

Money Christianity Hell Capitalism Capitalist Bankruptcy Good Christian Insolvency

Author:Frank Borman

“Faith is a cop-out. If the only way you can accept an assertion is by faith, then you are conceding that it can't be taken on its own merits. It is intellectual bankruptcy.”

Ifs Way Religion Accepting Taken Intellectual Atheist Intelligence Merit Cop Assertion Bankruptcy Christian Atheist Anti Religion

Book:Losing Faith in Faith: From Preacher to Atheist

Source: Losing Faith in Faith: From Preacher to Atheist

“State ownership! It leads only to absurd and monstrous conclusions; state ownership means state monopoly, concentrated in the hands of one party and its adherents, and that state brings only ruin and bankruptcy to all.”

Mean States Hands Party Absurd Conclusion Ruins Ownership Monopoly Monstrous Bankruptcy

Author:Benito Mussolini

“I can't think of another enterprise other than being a homeowner that can't have its debt restructured in bankruptcy. Corporations can but a homeowner can't? Now with securitization the homeowner can't go to the owner of the loan and work things out.”

Thinking I Can Debt Corporations Enterprise Owners Loan Bankruptcy Homeowners

Author:Eli Broad

“The company later went broke, and of course all blame was directed at the lawyers. Not once did I hear any talk that maybe a trace of mismanagement could in any way have contributed to the bankruptcy.”

Way Courses Company Blame Lawyer Broke Bankruptcy Mismanagement

Book:The Rainmaker

Source: The Rainmaker

“Capitalism has resulted in material well-being but spiritual bankruptcy.”

Wells Spiritual Materials Capitalism Well Being Bankruptcy Virgin Suicides

Author:Jeffrey Eugenides

“Best hope for what, Catman? Death? Bankruptcy? You know, my life was going along…well, rather crappily, to be honest, but at least no one was trying to kill me and no one was dying around me. Since I met you, my life has taken the high road to Shitsville, with no off-ramp in sight. (Susan)”

Knows Trying Wells Taken Honest Dying Mets Sight Being Honest Kill Me Bankruptcy Hoping For The Best High Road Ramp

Book:Dark Side Of The Moon

Source: Dark Side Of The Moon

“People are continually pointing out to me the wretchedness of white people in order to console me for the wretchedness of blacks. But an itemized account of the American failure does not console me and it should not console anyone else. That hundreds of thousands of white people are living, in effect, no better than the "niggers" is not a fact to be regarded with complacency. The social and moral bankruptcy suggested by this fact is of the bitterest, most terrifying kind.”

People Should Kind Doe Facts Order Social White Moral Effects Accounts Pointing Complacency Console Bankruptcy Wretchedness

Author:James A. Baldwin

“Men must have somewhat altered the course of nature; for they were not born wolves, yet they have become wolves. God did not give them twenty-four-pounders or bayonets, yet they have made themselves bayonets and guns to destroy each other. In the same category I place not only bankruptcies, but the law which carries off the bankrupts’ effects, so as to defraud their creditors.”

Men Giving Made Law Courses Born Four Effects Gun Twenties Carrie Categories Altered Bankruptcy Creditors Bayonets

Book:Candide: or, Optimism

Source: Candide: or, Optimism

“The peace we are offered is not a peace that is free from tragedy, illness, bankruptcy, divorce, depression, or heartache. It is peace rooted in the trust that the life Jesus gives us is deeper, wider, stronger, and more enduring than whatever our current circumstances are, because all we see is not all there is and the last word about us and our struggle has not yet been spoken.”

Giving Lasts Jesus Struggle Circumstances Tragedy Stronger Endure Illness Currents Deeper Divorce Heartache Rooted Last Words Bankruptcy

Author:Rob Bell

“To answer brutality with brutality is to admit one's moral and intellectual bankruptcy.”

Freedom Answers Moral Democracy Intellectual Brutality Bankruptcy

Book:The Encyclopaedia of Gandhian Thoughts

Source: The Encyclopaedia of Gandhian Thoughts

“Catholic dioceses typically spent hundreds of thousands of dollars recklessly, then filed for bankruptcy. The goal was to avoid the money going to the hands of victims of predator priests.”

Hands Religion Goal Catholic Victim Dollars Priests Predator Bankruptcy

Author:Dan Rather

“The immense and ever increasing sums which the state wrings from the people are never enough for it; it mortgages the income of future generations, and steers resolutely toward bankruptcy.”

People States Enough Liberty Generations Income Immense Future Generation Mortgage Steers Bankruptcy

Author:Peter Kropotkin

“They said it was impossible to touch the third rail of politics, to take on public-sector unions and to reform a pension and health benefits system that was headed to bankruptcy. But with bipartisan leadership, we saved taxpayers $132 billion dollars over 30 years and saved retirees their pensions. We did it.”

Years Said Impossible Health Benefits Thirds Dollars Unions Billions Saved Reform Health Care They Said Taxpayers Rail Bankruptcy Pension Bipartisan Public Sector Health Benefits

Author:Chris Christie

“Bankruptcy is a sacred state, a condition beyond conditions, as theologians might say, and attempts to investigate it are necessarily obscene, like spiritualism. One knows only that he has passed into it and lives beyond us, in a condition not ours.”

Knows States Might Conditions Sacred Debt Theologian Bankruptcy Obscene Spiritualism

Book:People One Knows: Interviews with Insufficiently Famous Americans

Source: People One Knows: Interviews with Insufficiently Famous Americans

“Capitalism without failure is like religion without sin. Bankruptcies and losses concentrate the mind on prudent behavior.”

Mind Loss Sin Liberty Behavior Capitalism Libertarian Libertarianism Prudent Bankruptcy

Author:Allan H. Meltzer

“On one level, going bust didn't bother me. It was the 80s, and there wasn't the stigma about bankruptcy that you might think. My mates weren't bothered. My dad was in business.. he knew that it happened, too. He loaned me the money to bail me out, and I got a loan from the bank to pay him back.”

Thinking Might Friendship Levels Business Pay Happened Dad My Dad Bother Mates 80s Loan Bothered Stigma Bankruptcy Bail

Author:Simon Cowell

“When your little child tells a lie, do not rush at him as though the world were about to go into bankruptcy. Be honest with him. A tyrant father will have liars for his children; do you know that? A lie is born of tyranny upon the one hand and weakness upon the other, and when you rush at a poor little boy with a club in your hand, of course he lies.”

Source: Ingersoll: Fifty Great Selections, Lectures, Tributes, After Dinner Speeches and Essays, Carefully Selected from the Twelve Volume Dresden Edition of Colonel Ingersoll's Complete Works

“His lack of education is more than compensated for by his keenly developed moral bankruptcy.”

Book Reality Education Moral Drink Hatred Educational Beer Bankruptcy Lack Of Education

Author:Woody Allen

“Government should stand behind its currency and credit and the bank deposits of the nation. No individual should suffer a loss of money through depreciation or inflated currency of Bank bankruptcy.”

Should Government Suffering Individual Nations Loss Behinds Credit Currency Monetary Bankruptcy Deposits Depreciation

Author:Abraham Lincoln

“[on the reason for his seven-year hiatus in direction] My son Aditya made Mohabbatein, which took a lot of time and energy. Then we started looking for a script for me to direct. Nothing seemed to excite us both. There's a complete bankruptcy of screenwriting in our cinema. I wanted a very earthy and Indian subject. I was tired of the promos on television. With semi-clad girls, they all looked the same. Of course Dhoom has them too. But I'd personally not make a film like that.”

Years Made Reason Wanted Film Girl Courses Energy Subjects Television Son Direct Tired Seven Scripts Indian Cinema My Son Seven Years Bankruptcy Screenwriting Time And Energy Hiatus

Author:Yash Chopra

“I have never seen more Senators express discontent with their jobs....I think the major cause is that, deep down in our hearts, we have been accomplices in doing something terrible and unforgivable to our wonderful country. Deep down in our heart, we know that we have given our children a legacy of bankruptcy. We have defrauded our country to get ourselves elected.”

“If we don't change, millions of American families are just one medical emergency, or one layoff, away from financial disaster and bankruptcy.”

Ifs Millions Financial Medical Disaster Just One Emergencies Don't Change Bankruptcy American Family Layoff

Author:Jim Cooper

“This program that the Republican majority has taken us toward as a country is leading us to fiscal bankruptcy.”

Country Taken Republican Program Majority Bankruptcy

Author:Chaka Fattah

“Climate change has a very high procrastination penalty that just grows with each passing year of inaction - rather like what happens if you don't pay off your credit card. But for climate, there is no such thing as a fresh start from bankruptcy.”

Ifs Years Happens Grows Pay Climate Climate Change Credit Passing Passings Cards Procrastination Penalties Inaction Credit Card Bankruptcy Fresh Start

Author:William H. Calvin

“The twentieth century was the bankruptcy of the social utopia; the twenty-first will be that of the technological one.”

Firsts Social Century Twenties Technological Twentieth Century Utopia Bankruptcy

Book:The Bed of Procrustes: Philosophical and Practical Aphorisms

Source: The Bed of Procrustes: Philosophical and Practical Aphorisms

“Today, certain people file for bankruptcy, businesses and individuals, and it no longer has the stigma it once had. Now it's almost considered wise, a way to regroup and come back again.”

People Way Today Certain Individual Wise Files Stigma Back Again Bankruptcy

Author:David Dinkins

“The worst disgrace that can befall a producer is an unkind notice from a New York reviewer. When this happens, the producer becomes a pariah in Hollywood. He is shunned by his friends, thrown into bankruptcy, and like a Japanese electing hara-kiri, he commits suttee.”

Happens Worst New York Hollywood Commit Producers Thrown Disgrace Bankruptcy Unkind Reviewers Pariahs

Author:S. J. Perelman

“Bankruptcies of governments have, on the whole, done less harm to mankind than their ability to raise loans.”

Done Whole Government Ability Mankind Raises Investing Harm Loan Bankruptcy

Book:Religion And The Rise Of Capitalism

Source: Religion And The Rise Of Capitalism

“High bankruptcy rates, increased credit card debt, and identity theft make it imperative that all of us take an active role in providing financial and economic education during all stages of one's life.”

Roles Economic Stage Identity Rate Financial Credit Debt Active Cards Providing Imperatives Theft Credit Card Bankruptcy Credit Card Debt Identity Theft

Author:Ruben Hinojosa

“In this most powerful nation in the world, lack of access to health care should not force local and state governments, companies and workers into bankruptcy, while causing unnecessary illness and hospitalization.”

World Should States Government Care Force Nations Powerful Company Workers Illness Access Locals Health Care Most Powerful Unnecessary Bankruptcy State Government

Author:John Conyers

“All economic activity is dependent upon that environment and its underlying resource base of forests, water, air, soil, and minerals. When the environment is finally forced to file for bankruptcy because its resource base has been polluted, degraded, dissipated, and irretrievably compromised, the economy goes into bankruptcy with it.”

Has Beens Water Economy Environment Air Economic Activity Resources Forests Soil Dependent Files Bankruptcy Minerals

Book:Beyond Earth Day: Fulfilling the Promise

Source: Beyond Earth Day: Fulfilling the Promise