Quotes About Creditors

She had a confused, dreamy notion that, if the creditors were all paid, her plate and linen ought to come back to her; but she had an inbred perception that while people owed money they were unable to pay, they couldn't rightly call anything their own.

Folks say he's up to his neck in debts. He doesn't even own the hair on his head.

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Following its recognition as a state in 1832, Greece spent most of the remainder of the 19th century under the control of creditors. The pattern started with a default in 1832. In consequence, Greece's finances were put under French administration.

Greece will not manage to get back on its feet without restructuring its debt. There is no way around it. The country's creditors will have to reduce a portion of its debts by extending maturity dates, lowering interest rates or giving them what's called a 'haircut' in financial jargon.

There's only one thing you can do in bankruptcy: break your word, break your deals. It allows you to say to the small businesses, who have been catering lunches for you, 'Sorry, we're not paying you.' It allows you to go to the workers and say, 'Sorry, we're not paying you.'

If a systemic crisis occurs, the FDIC may rescue a bank in the non-least-cost-way—for example, by paying off creditors who are not covered by deposit insurance or keeping a bank temporarily alive when it is insolvent—when nonpayment of creditors or the bank's failure would threaten the system.

bankers love to lend money they haven't got to their creditors so that the creditors can pay back what they don't really owe

We would be left holding Lehman's bad assets, having selectively bailed out the creditors who could exit the most quickly, and the firm would fail anyway.

But, as we couldn't say often enough, we weren't doing this for Citi, its executives, its creditors, or anyone on Wall Street, but in the interest of overall economic and financial stability.

Creditors are a kind of people that have the sharpest eyes and ears, as well as the best memories of any in the world.

Much of what Germany and France have done in the rescue of Greece has also helped German and French banks, who for a long time were major creditors for Greece and Greek banks.

Ten years after lending a man from Barbados ten pounds, he wrote to him in 1700, "Sir, I presume the old verity 'If knocking thrice, no one comes, go off ' is not to be understood of creditors in demanding their just debts. The tenth year is now current since I let you ten pounds, merely out of respect to you as a stranger and scholar…. I am come again to knock at your door to enquire if any ingenuity or honor dwell there….

In a world awash in debt, power shifts to creditors.

Africa is poor because its investors and its creditors are unspeakably rich.

Every American born today owes $43,000 to the federal government the day she or he is born. And we are transferring a tremendous amount of debt to the new generation, much of it owed to overseas creditors who expect to be repaid by our children with interest.

No one will lend at a negative interest rate; potential creditors will simply choose to hold cash, which pays zero nominal interest.

We only have a Plan A. The acceptance and full implementation of the existing plan, the so-called Plan A, is the best solution for Greece, for the euro zone and also for creditors and holders.

Be modest in your wants...There is nothing that will cause greater tensions in marriage than grinding debt, which will make of you a slave to your creditors.

For as long as there have been creditors and debtors—which is a darn long time—creditors have tried to protect the value of the currency and debtors have sought to devalue it.

In truth, it's not the shareholders of the American International Group who benefited most from its bailout; they were mostly wiped out. The great beneficiaries have been the creditors and counterparties at the other end of A.I.G.'s derivatives deals - firms like Goldman Sachs, Merrill Lynch, Deutsche Bank, Societe Generale, Barclays and UBS.

En una economía coordinada por los precios, los empleados y los acreedores insisten en que se les pague, independientemente de si los administradores o los propietarios hayan cometido errores. Esto significa que las empresas capitalistas pueden cometer muy pocos errores y durante muy poco tiempo, bajo el riesgo de detener su actividad, o de ser obligadas a ello, ya sea por la incapacidad de conseguir el trabajo y los insumos que necesitan, o por quiebra.

As far as they were concerned, if the U.S. government did not extinguish its debt, there would always be public creditors. Those creditors, who would come from among the wealthiest Americans, would support the U.S. government. The Union would thus be cemented. Madison cooperated closely with Hamilton and

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