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Family responsibility, yes, and always. Family bankruptcy due to the cruel rules of government, no.
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.
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.
This program that the Republican majority has taken us toward as a country is leading us to fiscal bankruptcy.
Our schools should get five years to get back to where they were in 1963. If they're still bad maybe we should declare educational bankruptcy, give the people their money and let them educate themselves and start their own schools.
In the 1970s, New York City avoided bankruptcy because wise political leaders like Gov. Hugh L. Carey believed both in strong labor unions and robust banks and companies.
Nevada was hit hardest by the recession - highest unemployment, highest foreclosure rate, highest bankruptcy rate.
I had to escape the destruction of my father's bankruptcy and all that difficulty.
However, the economics of our business continued to deteriorate. We barely escaped bankruptcy a year ago, and in the aftermath of that escape we had to make some even tougher decisions.
But again, you know, the views that we've expressed are transferring power back from the federal government to the states, giving Alaska an incredible opportunity to expand its economy, especially at a time when our federal government is coming close to bankruptcy. So that is a broad-based appeal. It's not an extreme view.
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.
Imminent GM bankruptcy was always fiction, created by Wall Street and the media.
When there were fears about the future of this nation's older cities... when a few of the cities teetered on the brink of bankruptcy, all eyes were focused on Chicago for contrast.
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.
This filing spike is a result of bad information being pushed on people, and then they file for bankruptcy out of fear.
Restrict bankruptcy rules.
We added Medicare Part D to a system facing bankruptcy and gave no thought to means testing it.
So that this thing that aired in 1963 would result a few years later in personal bankruptcy, would result in having people be on edge with me, wondering when I'm going to blow up.
Al Gore may think Medicare is at a crossroads, but his plan puts it on a highway to bankruptcy.
The entire exhibitions industry in the United States of America has filed for bankruptcy.
The women who file for bankruptcy played by all the rules, but they are still in economic freefall.
We do not project power from bankruptcy court. We're borrowing a million dollars a minute. It's got to stop somewhere.
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.'
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.
I feel somewhat responsible for the Borders Books bankruptcy.
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.
A. P. J. Abdul Kalam
Leonardo da Vinci
Martin Luther King, Jr.
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