Quotes About Bankruptcy

The CEOs of every major Wall Street firm were also on the wrong end of the gamble. All of them, without exception, either ran their public corporations into bankruptcy or were saved from bankruptcy by the United States government. They all got rich, too.

I often say to entrepreneurs, 'If Lehman Brothers were Lehman Brothers & Sisters, it wouldn't have gone into bankruptcy.'

Everybody copied Atari products. So we started messing with them and it was fun. We bought enough chips that we could get them mislabeled. So we bankrupted at least two companies which copied our boards, and bought all the parts but they were the wrong parts, so they're sitting on all this inventory they can't sell because the games don't work.

I bought an electric scooter in sixth grade. Bankrupted me.

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

New Rule: Whenever you think the Tea Party can't get any dumber, they get dumber. Now they're in love with Donald Trump. Because nothing says We're serious about fiscal responsibility quite like a billionaire whose corporations have filed for bankruptcy three times.

Trump had gone bankrupt six times and seemed not to mind. Bankruptcy was just another business strategy. Walk away, threaten to blow up the deal. Real

After the 1980s, most banks refused to do business with him because he had defaulted on hundreds of millions of dollars in loans; only Deutsche Bank was willing to lend him funds. During the 1990s and early 2000s, his organization filed for bankruptcy six times. He used the bankruptcies and other techniques to avoid paying income taxes for almost eighteen years.

Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.

Damoder climbed slowly to his feet. 'Buy lot!' he wheedled, 'I am poor man. I sell you cheap. I am bank-Rupert! Apparently the only things that could save him from bank-rupertcy were our dollars.

Bankruptcy and repudiation are the spring-boards from which much of our civilization vaults and turns its somersets, but the savage stands on the unelastic plank of famine

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.

Now, people when I say that look at me and say, 'What are you talking about, Joe? You're telling me we have to go spend money to keep from going bankrupt?'. The answer is yes, that's what I'm telling you.

All taxpayers feel a tremendous sense of frustration as they see many tens of billions of dollars of bonuses paid to the same mega banks that were on the brink of bankruptcy and were only saved by massive government rescue money and support. We are not satisfied by the fact that many of them have paid the money back, nor should we be.

Poverty of character is not a personality flaw, its is the bankruptcy of morals

The years thunder by. The dreams of youth grow dim where they lie caked in dust on the shelves of patience. Before we know it, the tomb is sealed. Where, then lies the answer? In choice. Which shall it be: Bankruptcy of Purse or Bankruptcy of Life?

was permitted to start business. Soon the royal partner ran up such huge debts on equity that the company went bankrupt. The Chinese partner was left with the bill, and could not leave Thailand until his family paid everyone off. He had been royally plundered.

We have a duty to ensure that patients don't have to worry whether they'll be dropped from their coverage if they get sick. Small business owners shouldn't have to break the bank to provide coverage to their employees. And families should not be forced into bankruptcy because of a medical crisis.

Solo en Little Italy quebraron veinticinco bancos, y su bancarrota costó a doce mil clientes los ahorros de toda su vida. Cientos de pequeñas empresas se fueron a pique. Solo las que estaban bien consolidadas, bien dirigidas y bien administradas tuvieron posibilidades de sobrevivir.

The old woman finally went bankrupt. She had made so much money every day, how could she have gone bankrupt? I didn't get it.

Church paid more than $3 billion to settle abuse complaints between 1950 and 2015. In Boston, the archdiocese paid $154 million to settle with 1,230 victims from 2002 through June 30, 2014, the most recent figures available. Between 2004 and 2015, twelve dioceses nationwide filed for bankruptcy protection.

A bankruptcy judge can fix your balance sheet, but he cannot fix your company.

It is an objet gratuit. A work of artifice that demonstrates the bankruptcy of the quotidian.

In Wisconsin in 1856, the LaCrosse and Milwaukee Railroad got a million acres free by distributing about $900,000 in stocks and bonds to fifty-nine assemblymen, thirteen senators, the governor. Two years later the railroad was bankrupt and the bonds were worthless.