I declared bankruptcy, and that was the worst thing I ever should have done.
Abby Lee Miller
The Enron scandal is worthy of the highest level of scrutiny, both because of the enormity of the crimes that may have been committed and because of what the largest bankruptcy in American history has already begun to reveal about the weaknesses in our nation's corporate structures and regulatory oversight.
Adam Cohen
George W. Bush was a silver spoon dolt with no record to speak of other than bankruptcy and selling tropical plants, and we let him sail into the White House, but Barack talks about religious fundamentalism and guns being prevalent in poor areas, and we roast him for weeks?
Adam McKay
Enron Field in Houston, the Trans World Dome in St. Louis and PSINet Stadium in Baltimore are just three of the modern-day coliseums named for companies that have found new homes in bankruptcy court.
Alex Berenson
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.
Most unfortunately, Enron's plunge into bankruptcy court also cost many of its rank-and-file employees their savings.
Today it is evident that we have two political parties: the Tax and Spenders and the No-Tax and Spenders. Neither party is fiscally conservative. Is there no room at the inn for an honest conservative? A conservative who makes the case for smaller government on its merits and not just as the fallback option when fiscal bankruptcy threatens?
Alex Tabarrok
Even if you feel like your debt is just never going to go away, think long and hard before declaring bankruptcy. Declaring bankruptcy means that getting a loan for anything will be next to impossible for the next 10 years.
Alexa Von Tobel
In September 2008 - as Lehman Brothers filed for bankruptcy and AIG, the world's biggest insurance company, accepted a federal bailout - Senator John McCain of Arizona, in what was widely viewed as a political move, suspended his presidential campaign and called on Obama to rush back to Washington for a bipartisan meeting at the White House.
Andrew Ross Sorkin
When I became CEO of Xerox 10 years ago, the company's situation was dire. Debt was mounting, the stock sinking and bankers were calling. People urged me to declare bankruptcy, but I felt personally responsible for tens of thousands of employees.
Anne M. Mulcahy
As I think through the issue of funding the rebuilding of Iraq, I think about the analogy of a bankruptcy proceeding. There is no doubt that Iraq as a country is bankrupt.
Arlen Specter
Medical debts are the number-one cause of bankruptcy in America.
Barbara Ehrenreich
Family responsibility, yes, and always. Family bankruptcy due to the cruel rules of government, no.
Barbara Mikulski
There's only one thing you can do in bankruptcy: break your word, break your deals. It allows you to say to the small businesses, who have been catering lunches for you, 'Sorry, we're not paying you.' It allows you to go to the workers and say, 'Sorry, we're not paying you.'
Barney Frank
The story of Detroit's bankruptcy was simple enough: Allow capitalism to grow the city, campaign against income inequality, tax the job creators until they flee, increase government spending in order to boost employment, promise generous pension plans to keep people voting for failure. Rinse, wash and repeat.
Ben Shapiro
Malpractice tort reform can be something as commonsensical as the establishment of medical courts - similar to bankruptcy or admiralty courts - with special judges to make determinations in cases brought by parties claiming injury.
Bill Bradley
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.
Bill Frist
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.
Bill Huizenga
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.
Bob Diamond
We added Medicare Part D to a system facing bankruptcy and gave no thought to means testing it.
Bob Inglis
I had to escape the destruction of my father's bankruptcy and all that difficulty.
The dearth of business activity on the traditional day of rest makes Sunday an ideal time to declare insolvency. Bankruptcy petitions are time-stamped to the minute, instantly dividing a failed company's dealings into pre-bankruptcy transactions and post-bankruptcy transactions.
Generosity is a virtue, but unlimited generosity is a fast route to bankruptcy.
Nevada was hit hardest by the recession - highest unemployment, highest foreclosure rate, highest bankruptcy rate.
Unemployment, foreclosures, bankruptcy - the cure is not more government spending, but helping businesses create jobs.
Phil Walden had complete faith in us, and I'll respect him forever for that. I think he sunk about $150,000 in us. He was close to bankruptcy a lot of the time, and Atlantic kept telling him we didn't have a chance.
I almost went broke. I didn't file bankruptcy, but I had some miserable times there for two or three years.
This program that the Republican majority has taken us toward as a country is leading us to fiscal bankruptcy.
Our institutional framework needs to be bolstered further. We have to implement laws like the proposed Bankruptcy Code and GST (Goods and Services Tax), which will create efficiencies and strongly support the business environment.
The country - or the government - is headed for bankruptcy. So we're going to be continuing to speak out against corporate welfare as something that hurts everybody except those direct beneficiaries.
They said it was impossible to touch the third rail of politics, to take on public-sector unions and to reform a pension and health benefits system that was headed to bankruptcy. But with bipartisan leadership, we saved taxpayers $132 billion dollars over 30 years and saved retirees their pensions. We did it.
Bankruptcy, divorce, these are feathers in my cap, I suppose. I have a wisdom which has been born from these things.
When I was at Marvel, they were in bankruptcy, which is hard to believe now with 'Avengers 2' out, but it was during the 1990s. It was a troubled place. Comic book sales were dropping. Work was scattered.
Al Gore may think Medicare is at a crossroads, but his plan puts it on a highway to bankruptcy.
As a child, I seriously believed my family was going down the road to bankruptcy. I was denied virtually every popular trend, from heavily logoed Tommy Hilfiger windbreakers to amusement park season's passes.
It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.
You never cash out a 401(k) or IRA to pay off debt, unless it's to avoid a foreclosure or bankruptcy.
Today, certain people file for bankruptcy, businesses and individuals, and it no longer has the stigma it once had. Now it's almost considered wise, a way to regroup and come back again.
The assumption that Washington could and would resolve Lehman Brothers without a bankruptcy, as it had Bear Stearns, was the single biggest mistake in the series of mistakes in 2007 and 2008 that led to the financial panic and the ensuing epidemic of job losses.
Healthcare is a human right. No one should face bankruptcy or death because of lack of healthcare. All Americans - regardless of their health or residential status - should be able to access the healthcare they need, whenever they need it.
Five thousand people every day lose their home because of a medical bankruptcy. Most of them had insurance.
After watching Taro reach the brink of bankruptcy, seeing their shares delisted from trading, hearing endless false promises about receiving audited financial statements, and witnessing an unchecked drain of company resources, the shareholders have clearly had enough.
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.
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.
Bankruptcy is about financial death and financial rebirth. Bankruptcy is the great American story rewritten. We're a nation of debtors.
The women who file for bankruptcy played by all the rules, but they are still in economic freefall.
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.
Bankruptcy exposes the economic vulnerability and insecurity of middle class women.
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.
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.'
