Quotes About Bankruptcy

more than eight hundred thousand Americans file for personal bankruptcy every year.

As far back as 1922, Ludwig von Mises wrote a 500-page treatise predicting that socialism would not work. Socialist theorists, he wrote, had failed to recognize basic economic realities that would eventually bankrupt the future they were creating. These included the indispensability of markets for allocating resources, and of private property for providing the incentives that drive the engines of social wealth.

Um grande amor é um crédito aberto a uma potência tão voraz, que o momento da falência chega sempre.

All his working life had been spent in resolving other people's problems, but they had been the problems of strangers, dealt with at arm's length through the medium of a solicitor, and considered in the quiet, dust-laden atmosphere of the Temple, where matters of life and death, fortune and bankruptcy resolved themselves into carefully phrased opinions and the comparison of reported cases.

The part of me that loves money and wants to stay out of prison thinks it's a splendid idea." "We wouldn't face prison. Only bankruptcy." "A fate worse than debt," West quipped.

I fear that the rising personal bankruptcies and repossessions are the first signs of bigger problems to come and personal debt - Gordon Brown's legacy to millions of Britain's families - will hang like a millstone around the neck of the British people for years to come.

The collapse of Enron was devastating to tens of thousands of people and shook the public's confidence in corporate America.

But in a nation that had nearly spent its way into bankruptcy, sturdy locks and a perimeter alarm were the preferred form of security, because they didn't require salaries, health care, and pensions.

Like most modern art, they interested her no more than did the wind-tangled rain-compacted sun-bleached trash that time accumulated in vomitous-looking masses along California's cracked and potholed highways, as the once-golden state stewed in government corruption on its way to bankruptcy.

There's no enjoyment to losing money.

But again, you know, the views that we've expressed are transferring power back from the federal government to the states, giving Alaska an incredible opportunity to expand its economy, especially at a time when our federal government is coming close to bankruptcy. So that is a broad-based appeal. It's not an extreme view.

Mr. Trump had no political or military experience, the traditional routes to high political office. Virtually his only qualification was his business career, and a checkered one at that, considering his own brush with personal bankruptcy.

Generosity is a virtue, but unlimited generosity is a fast route to bankruptcy.

Toxic shame is spiritual bankruptcy.

they pale by comparison to the trading volumes of hedge funds, to say nothing of the levels of trading in exotic securities such as interest rate swaps, collateralized debt obligations, derivatives such as futures on commodities, stock indexes, stocks, and even bets on whether a given company will go into bankruptcy (credit default swaps). The aggregate nominal value of these instruments, as I noted in Chapter 1, now exceeds $700 trillion.

he involved in the bankruptcy of that plastics factory? Ten years ago? Fifteen?' Of course, that was where Brunetti had read the name: the factory up near

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.

banks and student loan companies had convinced Congress that such debts should be given special protection and not exempted. She remembered him saying, "Hell, even gamblers can go bankrupt and walk away.

Reed will pull a Trump, file for bankruptcy and hide behind the courts for protection

The bankruptcy was called involuntary, as if others had eager volunteers. The pack was led by a print supplier from Memphis that was owed $60,000. Several creditors had not been paid in six months. The old Security Bank was calling in a loan.

Plenty of local hacks think they're famous. They smile from billboards as they beg for your bankruptcy and swagger in television ads as they seem deeply concerned about your personal injuries, but they're forced to pay for their own publicity.

The Reichman brothers, with Robert Campeau the Canadian gift to financial excess, are indubitably broke with depressive effect on the banks that were captured by their euphoric mood.

In business, poor performance leads to bankruptcy or, at a minimum, a restructuring of the company. In American education, failure entitles the bankrupt system to even more taxpayer dollars.

For the personality, bankruptcy or failure may be a disaster. For the soul, it may be grist for its strangely joyful mill, and a condition it has been secretly engineering for years.