Famous Quotes & Sayings

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.

Jimmy Swaggart

Evolution is a bankrupt speculative philosophy, not a scientific fact.

We're a company in bankruptcy and have been operating on borrowed money.

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

nothing in the bankruptcy code requires companies to skip their pension funding payments.

Jerry Weller

Restrict bankruptcy rules.

Michael Ward

I don't think it gets them out of their obligations. They have to find solutions and I do not believe bankruptcy is an option.

My initial reaction is no, it will not bankrupt the companies. Florida passed a law that if companies have to post a bond to pay huge punitive damages, it's capped. But that law has not been tested.

Kmart went into bankruptcy a cadaver and it'll come out of it a cadaver,

I really would be surprised if they filed. The part of the equation that is missing in a typical bankruptcy situation is that vendors are not clamping down on them. Vendors are not limiting the distribution of merchandise.

The cost will be borne by the bankruptcy estate. It is not completely clear how broad the scope will be. All of these administrative expenses must be paid at the time the repayment plan is implemented. That is a big deal.

And I think we as a people need to stop being disingenuous about what the Constitution provides for. It does not provide for this all-encompassing power that we've seen exercised over the last several decades. It's what's gotten us into this bankrupt position.

The biggest economic danger of the next 50 years is the coming crisis in entitlement spending. The problem is the entire health care system is in crisis. The entire U.S. health care system needs to be overhauled. If not, it will literally bankrupt the federal government.

Jamie Dimon

The bankruptcy surge in 2005 will give us a benefit.

They want to fine the union into bankruptcy and put our leaders in jail.

They'll up the ante because they now have the bankruptcy judge behind them.

Tom Price

I've gotten a better response since the bankruptcy filings.

We know that we will have to make sacrifices but we're hoping the bankruptcy judge will perceive what a disproportionate sacrifice Delta is trying to wring from this group of working women -- most of them mothers who help support families.

The Delphi bankruptcy is a real watershed point for the UAW, ... The UAW is virtually powerless now.

Bud Shuster

We are not talking about a choice between this merger and the status quo, ... US Airways has been hemorrhaging money. If nothing happens, it is my judgment we'll see US Airways in bankruptcy or out of business in coming years.

The reason they've been in bankruptcy for three years is because they couldn't get creditors on board, I think they're going to come out when they say they are this time.

Filing for bankruptcy doesn't make this one go away, ... It may make it less urgent to deal with, but the fact of the matter is these guys are still on strike, and they're still hurting Northwest's business to some extent.

Ed Markey

If we fight our enemy using the same inhumane and morally bankrupt techniques that we are trying to stop, we will simply become what we have beheld.

Lamar S. Smith

We should not encourage lawsuits that blame others for our own choices and could bankrupt an entire industry.