Famous Quotes & Sayings

At this point, it is incumbent upon Northwest management to not squander our significant sacrifices, but to intelligently pursue a course that enables us to emerge from bankruptcy as a proud and profitable airline.

Dennis Scott

At the end of the day when all this money is paid for legal fees the company will be forced into bankruptcy and nobody will get anything from Eel River Sawmills because the shares will be worthless.

Orrin Hatch

At the end of the day, it is law-abiding, bill-paying citizens who pay for the bankruptcy of others, regardless of whether the debts involved were taken on by con men or those whose situations simply got out of hand.

Eric Hoffer

Disappointment is a sort of bankruptcy -- the bankruptcy of a soul that expends too much in hope and expectation.

Congress got bankruptcy reform wrong, dead wrong. The federal bankruptcy law changes ... are doing no measurable good whatsoever. They've done nothing more than put new hurdles in the path of people who are already flat on their back.

Credit counseling organizations now know what the bankruptcy lawyers and other experts said all along: Congress got it dead wrong when it passed the bankruptcy law.

Credit card companies, credit unions, many retailers, as well as the American people, have lobbied for bankruptcy reform for years.

Henry David Thoreau

The universe seems bankrupt as soon as we begin to discuss the character of individuals

This company has made a huge change over the years from basically a bankrupt company to a very successful one.

This fact could lead to the real bankruptcy of Russian poultry farms.

They said that I was more than welcome to go to bankruptcy court and file a claim, but they also said you'd be lucky to get 20 cents on the dollar returned to you as well.

A lot of companies that have not filed for bankruptcy may be close to a breaking point. The risks are very high right now.

American has expressed views that United should have gone into bankruptcy with more cash available.

You really have an unfair, ironic and outrageous situation here, ... The one company that had the courage and took the steps of breaking with the entire industry ? is now in a position where it's going to be bankrupt if the settlement is enacted.

This is good for the company. It provides for future funding and it gets us out of bankruptcy sooner than we anticipated. It will be a seamless transition.

This is going to be a very, very long and painful process. In the next five years, all the mainline carriers will have been in bankruptcy at least once.

This is going to be a very, very long and painful process, ... In the next five years, all the mainline carriers will have been in bankruptcy at least once.

They filed for bankruptcy some months ago, so this is something that is not completely unexpected, though we had hoped they would be able to work through their business issues and keep going.

This ought not be a debt that is subject to the bankruptcy proceeding.

There isn't any legacy carrier in the nation that can say with certainty that a bankruptcy filing is not possible.

Jerry Weller

Restrict bankruptcy rules.

John Edwards

George Bush doesn't get to pick our nominee, and he doesn't get to decide what this election is about, ... This president is so bankrupt of ideas that he can't even wait until the Democrats pick a nominee before he starts drudging up the past and slinging mud.

Bottom line? Unless you're a bankruptcy attorney, this isn't going to mean a thing to you.

Now its crucial for the Bush Administration to implement the strongest remedies possible -- even stronger on slabs than those recommended by the ITC -- to prevent further damage from a crisis that has already sent 26 companies into bankruptcy and wiped out 13 million tons of American steelmaking capacity,

The system was academically and financially bankrupt before the storm. We think there were a lot of good teachers and administrators working in the system, but there was just a lot of mismanagement.

The surge in personal bankruptcy started a few years ago and has been building,

It would appear, ... that many of the smaller, more independent dot.com firms have been swallowed up by their larger competitors or have fallen into bankruptcy and eventual closure.

Wayne LaPierre

The sheer blizzard of litigation is destroying the American firearms industry, ... the strategy is to bury the American firearms industry in litigation and bankrupt it.

Tom McCarthy

The state's position is that the bankruptcy filings in both cases were frivolous and for the sole purpose of delaying the eviction.

These losses emphasize the need for the urgency with which we have to pursue route network and revenue improvements and the use of the bankruptcy process to reduce the cost and complexity of our business.

The Sogo bankruptcy marked a major turning point in Japanese economic history.

The smartest or luckiest thing UAL did was stay in bankruptcy for three years. Had they rushed to confirm a plan, they would likely have needed a return visit to Chapter 11.

Banks are hypocritical to seek bankruptcy restrictions when their irresponsible marketing and extension of credit card debt has been an important cause of rising personal bankruptcies.