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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
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What they're doing is not the least bit subtle. The result of all the innovation will be bankruptcy for Netscape, Larry Ellison
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Miller has clearly chosen bankruptcy over collective bargaining to restructure the company. Delphi is using a bankruptcy judge to begin moving in the direction of Chinese wages and benefits. Harley Shaiken
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United certainly made a lot of cost reductions. But whether they really had a metamorphosis to compete without the help of a bankruptcy court remains to be seen.
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We feel that we can get a better settlement in negotiations voluntarily with Northwest management than we can get through the bankruptcy court,
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With these filings before the court, the countdown has begun, ... We expect to formally exit bankruptcy in early 2006, with a target exit date of February 1st. Glenn Tilton
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People wait until the last minute to go to the bankruptcy lawyer's office because they don't want to be in the bankruptcy lawyer's office. We're hoping that people recognize that bankruptcy is still an option for them, and that if their home is at stake, that they need to get in earlier to get it done.
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One thing is sure, bankruptcy court is unlike any other law it really can have real life implications for everyone.
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Because they (Delphi) have considerable leverage at a moment of bankruptcy is not the same as saying the UAW is out of the game.