Quotes About Insolvent

As NBC pages seat us cattle, members of the Tonight Show band trickle from the wings. Gray of hair and ashen of skin, the band members look like the board of directors of an insolvent bank.

The unluckiest insolvent in the world is the man whose expenditure is too great for his income of ideas.

Fame is the one that does not stay It's occupant must die Or out of sight of estimate Ascend incessantly Or be that most insolvent thing A Lightning in the Germ Electrical the embryo But we demand the Flame

As we peer into society's future, we -- you and I, and our government -- must avoid the impulse to live only for today, plundering for our own ease and convenience the precious resources of tomorrow. We cannot mortgage the material assets of our grandchildren without risking the loss also of their political and spiritual heritage. We want democracy to survive for all generations to come, not to become the insolvent phantom of tomorrow.

Morgan decided that it was hopelessly insolvent and had to be shut.

Public spirit was not held in high esteem at St. Ogg's, and men who busied themselves with political questions were regarded with some suspicion, as dangerous characters; they were usually persons who had little or no business of their own to manage, or, if they had, were likely enough to become insolvent.

If a systemic crisis occurs, the FDIC may rescue a bank in the non-least-cost-way—for example, by paying off creditors who are not covered by deposit insurance or keeping a bank temporarily alive when it is insolvent—when nonpayment of creditors or the bank's failure would threaten the system.

say, a 2:1 ratio than it is to have far greater coverage provided by a single utility. A catastrophic event can render a single utility insolvent—witness what

Crises, especially severe crises, have a purgative effect. In the business world, insolvent businesses that adopted a bad strategy close down, and bad loans are written off. Then lenders can lend with a new confidence again. This is the process that Joseph Schumpeter celebrated as creative destruction.

this sounds like a Ponzi scheme it is because it is the mother of all Ponzi schemes. A merry go around of Ponzi Austerity which, interestingly, left both the insolvent banks and the insolvent Greek state a little more… insolvent

Bailouts of insolvent agents cannot restore economic health any more than two sober friends make a drunk friend sober by standing him upright: socializing unsustainable private debts often leads to unsustainable public debts.