Bankruptcy Quotes

“Greece's debts are all denominated in euros, but it isn't clear who holds how much of those debts. For that reason, the consequences of a national bankruptcy would be incalculable. Greece is just as systemically important as a major bank.”

“It has been falsely reported that I once filed for bankruptcy and - my personal favorite - that I deny the Trinity.”

“A Fed loan to Lehman Brothers would not have prevented a bankruptcy.”

“I often say to entrepreneurs, 'If Lehman Brothers were Lehman Brothers & Sisters, it wouldn't have gone into bankruptcy.'”

“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.”

“I declared bankruptcy, and that was the worst thing I ever should have done.”

“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.”

“Whether it's a mom worrying about affording insulin for her children or a cancer patient fearing bankruptcy due the price of his life-saving medications, the number one issue Kansans talk to me about is the cost of health care and prescription drugs.”

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

“Donald Trump has no idea what a deal is. I mean, he's a man who has filed for bankruptcy many times, so he doesn't understand how to make any deals.”

“Family responsibility, yes, and always. Family bankruptcy due to the cruel rules of government, no.”

“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.”

“I feel somewhat responsible for the Borders Books bankruptcy.”

“High bankruptcy rates, increased credit card debt, and identity theft make it imperative that all of us take an active role in providing financial and economic education during all stages of one's life.”

“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.”

“Suicide may be a declaration of bankruptcy which passes judgement on a life as one long history of failures. But it is a history which also amounts at least to this one decision which, by its very finality, is not wholly a failure. Some kind of minimal freedom — the freedom to die in one's own way and in one's own time — has been salvaged from the wreck of all those unwanted necessities.”

“There are lots of businesses that are well in excess of $9 billion that have gone into bankruptcy, that have been mismanaged. And that has not served anyone very well.”

“Amazon knows that a lot of small businesses live in constant terror of Amazon, because they know that with the press of a single button, a business can see its sales drop by 80% or 90%. Overnight a business can be looking at bankruptcy or liquidation if it gets on the wrong side of Amazon.”

“Enron had already collapsed and filed for bankruptcy protection by the beginning of 2002. But despite complaints from short sellers that corporations had used accounting gimmickry to inflate their profits, many investors thought the crisis at Enron was an isolated case.”