logo

Quotes About Bankruptcy

If we are to make progress, we must not repeat history but make new history. We must add to the inheritance left by our ancestors. If we may make new discoveries and inventions in the phenomenal world, must we declare our bankruptcy in the spiritual domain? Is
~ Paramahansa Yogananda
where cotton grows man-tall in the very cracks of the sidewalk, mortgaged before it is even planted and sold and the money spent before it is ever harvested, and usury and mortgage and bankruptcy and measureless wealth all breed and spawn together until no man has time to say which is which, or cares ... This land, said the older hunter. No wonder the ruined woods I used to know don't cry for retribution. The very people who destroyed them will accomplish their revenge.
~ William Faulkner
In any case, the two countries had stayed alive over the centuries mainly by warring on each other. There had been the Olive War, the Tuna Fish Discrepancy, which almost bankrupted both nations, the Roman Rift, which did send them both into insolvency, only to be followed by the Discord of the Emeralds, in which they both got rich again, chiefly by banding together for a brief period and robbing everybody within sailing distance.
~ William Goldman
its own survival into the future depended on its ability to harness economic change in order, in the immediate term, to resolve the crisis of near state bankruptcy caused by its own economic policies (autarky),
~ Helen Graham
the October Revolution of 1917 brought seismic changes to the city. In November, the 'agitators' arrived and with the support of local railway workers staged a Bolshevik coup d'état. This was swiftly followed by industrial and financial crisis as the city fell into debt and bankruptcy. Then followed arrests, shootings, confiscations and fear.
~ Helen Rappaport
If your startup is only in the development or idea stage, there is almost no better predictor of failure - I mean, utter failure, scorched-earth bankruptcy - than raising too much money in the first round.
~ Steve Jurvetson
At the height of the Enron mania, the company's market value was $65 billion. Once the dust cleared, the final value was $0.
~ Robert Kiyosaki
Businesses which were slow to recognize the power of the Internet in the mid '90s were quickly left behind. For example, Blockbuster failed to innovate with streaming technology and filed for Chapter 11 bankruptcy in 2010.
~ Perianne Boring
Our institutional framework needs to be bolstered further. We have to implement laws like the proposed Bankruptcy Code and GST (Goods and Services Tax), which will create efficiencies and strongly support the business environment.
~ Chanda Kochhar
Deze Koude Oorlog, deze gestolde hysterie met haar wapenwedloop, haar spionagecultuur, haar wederzijdse voorspelbare propaganda, en alle gigantische kosten die dat met zich meebracht… Wat was daar uiteindelijk de tol van? En de zin? Hoeveel levens waren evengoed verwoest, hoeveel dromen onderdrukt, hoeveel landen op de rand van het bankroet gebracht?
~ Unknown
Thus the oldest great monarchy in the West assured the establishment of the first great republic since ancient times. In the process, Versailles bankrupted itself.
~ Tom Reiss
The Bush Doctrine is democratic imperialism. This will bleed, bankrupt and isolate this republic. This overthrows the wisdom of the Founding Fathers about what America should be all about.
~ Patrick J. Buchanan
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.
~ Suze Orman
One's ability to enter into thousands of lawsuits as a tool for success, or to use bankruptcy to avoid paying your former employees and vendors, have little relevance when trying to create good government.
~ John Hickenlooper
As it happens, Cumberland was on the verge of bankruptcy and had to give up football. But the villainous Heisman made it play a game that had been scheduled when Cumberland still had a team, or Heisman threatened to demand a $3,000 forfeiture fee that could well have put the school out of existence.
~ Frank Deford
I'm very proud of what we've been doing here in San Diego, and the turnaround that's happened here... We went through some very trying times. This city was literally on the verge of bankruptcy and doing so many things wrong.
~ Kevin Faulconer
The Badals have grown richer while Punjab is on the verge of bankruptcy.
~ Amarinder Singh
Bankruptcy laws allow companies to smoothly reorganize, but not college graduates burdened by student loans.
~ Robert Reich
If lenders are forced to scale back student lending because private student loans are subject to bankruptcy discharge, many students will be denied access to higher education.
~ Trent Franks
The company, Tiffany Studios, ended up in bankruptcy in 1930 - early '30s.
~ Susan Vreeland
People aren't going to go bankrupt anymore if they have a serious illness, which was a serious issue here in the country before the Affordable Care Act. And, in fact, the expense of expanding health care for those who need the subsidy is picked up by the federal government for most of the early years.
~ Deval Patrick
However, the economics of our business continued to deteriorate. We barely escaped bankruptcy a year ago, and in the aftermath of that escape we had to make some even tougher decisions.
~ Gerard Arpey
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.
~ Clayton Christensen
In the business world, we can point to instances when a lack of integrity has bankrupted entire companies - in sectors as different as finance, telecommunications, manufacturing, and energy.
~ Rex Tillerson