Quotes About Bankruptcy

They were my parents. Dead. They died in their bed under freakish circumstances three months ago, leaving my brothers and me devastated and bankrupt.

The unions and the auto companies have been unable to put a deal together that fundamentally restructures the industry. It needs to get done. The only way it's really going to get done is in bankruptcy court. They should have done it six months ago they should do it now.

The entire exhibitions industry in the United States of America has filed for bankruptcy.

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.

You never cash out a 401(k) or IRA to pay off debt, unless it's to avoid a foreclosure or bankruptcy.

Most women file for bankruptcy in the aftermath of a serious medical problem, a job loss, or a family break up. It is hard to protect against those.

It is said that the world is in a state of bankruptcy, that the world owes the world more than the world can pay.

If during the review of a corporation's books, the accountant has reason to believe that the company may go bankrupt, he must issue a "qualified opinion" stating the potential of the company's demise. More on this concept later.

Of all the artists on Death Row, none of them went bankrupt.

Many people become bankrupt through having invested too heavily in the prose of life. To have ruined one's self over poetry is an honor.

We've been a long time without a nuclear war. Yes. Well, it's probably like any bankruptcy. The longer you're able to put it off the worse it's going to be. The next great war wont arrive until everyone who remembers the last one is dead.

The political triumph of Donald Trump is a symbol and symptom—not cause or origin—of our imperial meltdown. Trump is neither alien nor extraneous to American culture and history. In fact, he is as American as apple pie. Yet he is a sign of our spiritual bankruptcy—all spectacle and no substance, all narcissism and no empathy, all appetite and greed and no wisdom and maturity.

Not even ten additional years of slavery could have done so much to throttle the thrift of the freedmen as the mismanagement and bankruptcy of the series of savings banks chartered by the Nation for their especial aid.

Sometimes the foreign direct investor may even actively destroy the existing productive capabilities of the company bought by engaging in 'asset stripping'. For example, when the Spanish airline Iberia bought some Latin American airlines in the 1990s, it swapped its own old planes for the new ones owned by the Latin American airlines, eventually driving some of the latter into bankruptcy due to a poor service record and high maintenance costs.

The welfare state is the bankruptcy law for workers

Bankruptcy is about financial death and financial rebirth. Bankruptcy is the great American story rewritten. We're a nation of debtors.

Bank accounts were not backed by anything but the good name of the people who ran the bank. And too many of them saw the personal savings of High Plains nesters as just another source of cash for the stock market or an ill-conceived business loan. No matter the exact cause: the First National was broke.

What does it mean that six of the president's companies have gone bankrupt, and that the president's enterprises have been financed by mysterious infusions of cash from entities in Russia and Kazakhstan?

I am much more concerned, though, when smaller companies invest outside their own product areas. I see this as bankruptcy of inventiveness. It is particularly evident when companies find themselves with extra leverage due to run-up of their stock price. Their willingness to spend this found capital outside their own backyard is a signal that they have no real vision, no idea of how to grow in the arena that they know best.

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.

I was attracted to opera when I was 15 or 16. A very rich man in England bankrupted himself to put on a lot of opera during the war, but he converted a lot of people, myself included, in the process.

Most people become bankrupt through having invested too heavily in the prose of life. To have ruined one's self over poetry is an honour.

Most people become bankrupt through having invested too heavily in the prose of life.

I am quite content with philosophic contemplation. But, as the nineteenth century has gone bankrupt through an over-expenditure of sympathy, I would suggest that we should appeal to science to put us straight. The advantage of the emotions is that they lead us astray, and the advantage of science is that it is not emotional.