Bankruptcy Quotes - Page 5

• The immense and ever increasing sums which the state wrings from the people are never enough for it; it mortgages the income of future generations, and steers resolutely toward bankruptcy.

  Peter Kropotkin

  People, Liberty, Income

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• On one level, going bust didn't bother me. It was the 80s, and there wasn't the stigma about bankruptcy that you might think. My mates weren't bothered. My dad was in business.. he knew that it happened, too. He loaned me the money to bail me out, and I got a loan from the bank to pay him back.

  Simon Cowell

  Friendship, Dad, Business

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• Apple was very close to bankruptcy and to irrelevance [but] you learn a lot about life through death, and I learnt a lot about vital corporations by experiencing a non-vital corporation. You would have thought that, when what stands between you and bankruptcy is some money, your focus would be on making some money, but that was not [Steve Jobs’] preoccupation. His observation was that the products weren’t good enough and his resolve was, we need to make better products. That stood in stark contrast to the previous attempts to turn the company around.

  Jonathan Ive

  Jobs, Irrelevance, Apples

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• Bankruptcies of governments have, on the whole, done less harm to mankind than their ability to raise loans.

  R. H. Tawney

  Government, Investing, Done

  R. H. Tawney (2016). “Religion And The Rise Of Capitalism”, p.75, Verso Books

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• Countries don't go out of business....The infrastructure doesn't go away, the productivity of the people doesn't go away, the natural resources don’t go away. And so their assets always exceed their liabilities, which is the technical reason for bankruptcy. And that's very different from a company.

  Walter Wriston

  Country, People, Going Away

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• The worst disgrace that can befall a producer is an unkind notice from a New York reviewer. When this happens, the producer becomes a pariah in Hollywood. He is shunned by his friends, thrown into bankruptcy, and like a Japanese electing hara-kiri, he commits suttee.

  S. J. Perelman

  New York, Hollywood, Pariahs

  "Strictly from Hunger". "The Most of S. J. Perelman", p. 47, 1992.

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• The twentieth century was the bankruptcy of the social utopia; the twenty-first will be that of the technological one.

  Nassim Nicholas Taleb

  Twenties, Firsts, Utopia

  Nassim Nicholas Taleb (2010). “The Bed of Procrustes: Philosophical and Practical Aphorisms”, p.33, Random House

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• All economic activity is dependent upon that environment and its underlying resource base of forests, water, air, soil, and minerals. When the environment is finally forced to file for bankruptcy because its resource base has been polluted, degraded, dissipated, and irretrievably compromised, the economy goes into bankruptcy with it.

  Gaylord Nelson

  Air, Water, Soil

  Gaylord Nelson, Susan M. Campbell, Paul A. Wozniak (2002). “Beyond Earth Day: Fulfilling the Promise”, p.18, Univ of Wisconsin Press

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• [on the reason for his seven-year hiatus in direction] My son Aditya made Mohabbatein, which took a lot of time and energy. Then we started looking for a script for me to direct. Nothing seemed to excite us both. There's a complete bankruptcy of screenwriting in our cinema. I wanted a very earthy and Indian subject. I was tired of the promos on television. With semi-clad girls, they all looked the same. Of course Dhoom has them too. But I'd personally not make a film like that.

  Yash Chopra

  Girl, Tired, Son

  "Biography / Personal Quotes". www.imdb.com.

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• Government should stand behind its currency and credit and the bank deposits of the nation. No individual should suffer a loss of money through depreciation or inflated currency of Bank bankruptcy.

  Abraham Lincoln

  Loss, Government, Suffering

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• When your little child tells a lie, do not rush at him as though the world were about to go into bankruptcy. Be honest with him. A tyrant father will have liars for his children; do you know that? A lie is born of tyranny upon the one hand and weakness upon the other, and when you rush at a poor little boy with a club in your hand, of course he lies.

  Robert Green Ingersoll

  Children, Kindness, Father

  Robert Green Ingersoll (1920). “Ingersoll: Fifty Great Selections, Lectures, Tributes, After Dinner Speeches and Essays, Carefully Selected from the Twelve Volume Dresden Edition of Colonel Ingersoll's Complete Works”

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• Five thousand people every day lose their home because of a medical bankruptcy. Most of them had insurance.

  Debbie Stabenow

  Home, People, Medical

  "Democratic Sen. Stabenow On Health Care". "All Things Considered" with Melissa Block, www.npr.org. March 4, 2010.

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• Only when we have enough mental stress to force us to see our own bankruptcy of power, do we trust in God, and only when we trust in God can we make a contribution which will not collapse.

  Kenneth Lee Pike

  Stress, Trust In God, Enough

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• The Original Sin which brought us to the brink of bankruptcy and dictatorship was the Federal Income Tax Amendment and its illegitimate child, Federal Aid.

  Tom Anderson

  Children, Government, Income

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• The trial of Enron chiefs Jeffrey Skilling and Ken Lay began four-and-a-half years after perpetrating -- allegedly -- the fraud that led to the second largest bankruptcy in American history. Why four-and-a-half years? Because apparently it's harder to bring Ken Lay to trial than it is to invade two countries.

  Jon Stewart

  Country, Years, Two

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• A woman's whole life is a history of the affections. The heart is her world: it is there her ambition strives for empire; it is there her avarice seeks for hidden treasures. She sends forth
  her sympathies on adventure; she embarks her whole soul on the traffic of affection; and if shipwrecked, her case is hopeless — for it is a bankruptcy of the heart.

  Washington Irving

  Heart, Ambition, Adventure

  Washington Irving (1835). “The complete works of Washington Irving in one volume with a memoir of the author”, p.246

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• With the 2001 terror attacks, airline bankruptcies, pension terminations, loss of pay, changes in work rules — we're all working harder and longer than we used to.

  Chesley Sullenberger

  Loss, Terror Attacks, Pay

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• 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.

  Vince Cable

  Years, People, Legacy

  Vincent Cable's speech to the Lib Dem conference, www.theguardian.com. September 20, 2005.

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• To run away from danger, instead of facing it, is to deny one's faith in man and God, even one's own self. It were better for one to drown oneself than live to declare such bankruptcy of faith.

  Mahatma Gandhi

  Running, Men, Self

  Mahatma Gandhi (1958). “Collected Works”

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• If the Nation is living within its income, its credit is good. If, in some crises, it lives beyond its income for a year or two, it can usually borrow temporarily at reasonable rates. But if, like a spendthrift, it throws discretion to the winds, and is willing to make no sacrifice at all in spending; if it extends its taxing to the limit of the peoples power to pay and continues to pile up deficits, then it is on the road to bankruptcy.

  Franklin D. Roosevelt

  Sacrifice, Years, Wind

  Roosevelt, Franklin D. (1938). “Public Papers of the Presidents of the United States: F.D. Roosevelt, 1928-1932, Volume 1”, p.797, Best Books on

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• Our national debt after all is an internal debt owed not only by the Nation but to the Nation. If our children have to pay interest on it they will pay that interest to themselves. A reasonable internal debt will not impoverish our children or put the Nation into bankruptcy.

  Franklin D. Roosevelt

  Children, Debt, Pay

  Roosevelt, Franklin D. (1941). “Public Papers of the Presidents of the United States: F.D. Roosevelt, 1939, Volume 8”, p.351, Best Books on

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• In the court of the movie Owner, none criticized, none doubted. And none dared speak of art. In the Owner's mind art was a synonym for bankruptcy. The movie Owners are the only troupe in the history of entertainment that has never been seduced by the adventure of the entertainment world.

  Ben Hecht

  Movie, Art, Adventure

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• With such global events looming over us like mountains, nay, like entire mountain ranges, it may seem incongruous and inappropriate to recall that the primary key to our being or non-being resides in each individual human heart, in the heart’s preference for specific good or evil. Yet this remains true even today, and it is, in fact, the most reliable key we have. The social theories that promised so much have demonstrated their bankruptcy, leaving us at a dead end.

  Aleksandr Solzhenitsyn

  Heart, Keys, Mountain Ranges

  "Have We Forgotten God?" by John W. Whitehead, www.huffingtonpost.com. March 18, 2010.

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• Why are you afraid? This is where you get it out of your system: bankruptcy, unfulfilled potential, trashing your reputation, losing it all. And then (because we just can't stop there), you're going to apply some simple analysis to it.You may have nothing to fear after all.

  Danielle LaPorte

  Simple, Overcoming, Analysis

  Danielle LaPorte (2012). “The Fire Starter Sessions: A Soulful + Practical Guide to Creating Success on Your Own Terms”, p.136, Harmony

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• I can't think of another enterprise other than being a homeowner that can't have its debt restructured in bankruptcy. Corporations can but a homeowner can't? Now with securitization the homeowner can't go to the owner of the loan and work things out.

  Eli Broad

  Thinking, Debt, Corporations

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