Quotes About Bankruptcy

It is a shame and the moral bankruptcy of the Congress that its leaders, who were at the forefront of the freedom struggle and fought against foreigners, should think of having a foreigner as the Prime Minister.

In 1978, we adopted a new Bankruptcy Code in the United States, and a principal part of this was designed to adjust to the new corporation, to find ways to let a corporation that had gotten into financial trouble reorganize itself. A big part of the selling point on this bankruptcy law was, 'It will preserve jobs.'

Netanyahu's government and its faulty and politicized priorities are leading Israel into bankruptcy.

Other countries around the world make employees and retirees first in the priority. For example, in Mexico, the bankruptcy laws say if a company wants to go bankrupt... obligations to employees and retirees will have a first priority. That has an effect on every negotiation that takes place with every company in Mexico.

In our equities business, 49 of the 50 most important Lehman clients are back doing business with us. The flows are 75 to 80 per cent of what they were prior to the bankruptcy. The issues which damaged Lehman were around commercial mortgages and illiquid private equity assets.

You look at what happened with Chrysler, it went through that bankruptcy, and it's re-emerged in a much different fashion, privately held in some of those things, and it's really putting out a great product.

People were expecting Rouge to go bankrupt, so there was a lot of anxiety. The corporate culture problem was even worse than in Russia. And at the same time, the work rules were more difficult.

In the 1990s, we had seven great teams - Milan, Inter, Juventus, Parma, Lazio, Roma, Fiorentina. If you look at the players, they were great players, but there was some crazy investment, and some teams went bankrupt, like Parma and Lazio.

When I was a teenager, my father went bust. He could have declared himself bankrupt, but he was an honourable man and he insisted on paying back all his debts. That almost ruined the family. I was aware that my mother and father couldn't control things anymore. I guess I was afraid that we would end up on the street.

Oh no, Mr. Kaufman. I don't have any more money.

La bancarrota es temporal, la pobreza, eterna.

The real culprit in 1994 was leverage. If you aren't in debt, you can't go broke and can't be made to sell, in which case "liquidity" is irrelevant. But a leveraged firm may be forced to sell, lest fast-accumulating losses put it out of business. Leverage always gives rise to this same brutal dynamic, and its dangers cannot be stressed

If you aren't in debt, you can't go broke and can't be made to sell, in which case "liquidity" is irrelevant. But a leveraged firm may be forced to sell, lest fast-accumulating losses put it out of business. Leverage always gives rise to this same brutal dynamic, and its dangers cannot be stressed too often.

If you aren't in debt, you can't go broke and can't be made to sell, in which case "liquidity" is irrelevant.

Had she stayed in business, she would have been bankrupt within a few years.

he would reorganize bankrupt roads and transfer control to himself.

Citing private reasons—Morris was already lurching down a long, slippery path that led to bankruptcy and debtors' prison—Morris politely declined the offer.

You are pitiful, isolated individuals! You are bankrupts. Your role is played out. Go where you belong from now on – into the dustbin of history!

In 1996, Eastman Kodak was a hundred-year-old powerhouse with one hundred forty thousand employees and a valuation of twenty-eight billion dollars. Yet a mere sixteen years later, the company was filing for bankruptcy, a T. Rex dinosaur that had failed to fathom the disruptive power and game-changing impact of the digital photography revolution.

In 1996, Eastman Kodak was a hundred-year-old powerhouse with one hundred forty thousand employees and a valuation of twenty-eight billion dollars. Yet a mere sixteen years later, the company was filing for bankruptcy, a T. Rex dinosaur that had failed to fathom the disruptive power and game-changing impact of the digital photography revolution. In

We were taking out mortgages we couldn't afford because they were camouflaged to look as if we had a reasonable chance of paying them back. Banks then changed the bankruptcy laws so that we could not get out of our obligations once the rates changed. Lastly, they sold us back our own mortgages, shifting back to us any of the risk through our money-market accounts and pension funds.

If we don't change, millions of American families are just one medical emergency, or one layoff, away from financial disaster and bankruptcy.

Some economists estimate that for every family that goes bankrupt, there are about 15 more who are in the same amount of financial trouble and would profit from bankruptcy but just haven't filed.

Personal savings accounts to me are one of the most powerful things, not necessarily in saving, solvency, or bankruptcy of the program, but in guaranteeing, the words I used a few minutes ago, a safe and secure retirement for our seniors.