Financial Failure Quotes

We are not going to let Donald Trump bankrupt America the way he bankrupted his casinos.

Any man who has $10,000 left when he dies is a failure.

You had the Crash [Meltdown] of 2008, where the financial system actually collapsed and had to be put on life support, which consisted of substituting sovereign credit for the financial credit that was no longer credible.

There are dozens of ways of failing to make money. It is one thing to fail to make money because your single talent happens to be a flair amounting to genius for translating the plays of Aristophanes. It is quite another thing to fail to make money because you are black, or a child, or a woman.

There are so many ways of earning a living and most of them are failures.

We're failing when it comes to controlling spending.

I understand how important the automakers are to America. And I understand a bankruptcy; a failure in that industry wouldn't be a good thing. It's something we should avoid.

The financial crisis involved significant failures in the functioning, regulation, and supervision of OTC derivatives markets.

The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.

The women who file for bankruptcy played by all the rules, but they are still in economic freefall.

One would be forgiven for concluding that the assumed benefits of financial innovation are not all they were cracked up to be.

Herbert Hoover failed through no fault of his own. The Crash of 1929 and the Great Depression were beyond his control, and every remedy he tried failed adequately to work.

What the American people don't understand is how Merrill Lynch or AIG or Lehman Brothers can reward people, and the entity fails. Not only do the shareholders lose, but the entities lose.

That was Embassy Pictures, they went bankrupt shortly after This is Spinal Tap came out.

Bankruptcy is a serious decision that people have to make.

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.

So if radio flops, and MTV flops and everything flops, it doesn't matter, as long as we're still playing and kids are coming to our shows.

Trump Entertainment Resorts declared Chapter 11 bankruptcy. Or as Donald Trump describes Chapter 11, "Back-to-back number ones!"

Excessive hype, bankruptcy, cash burning like autumn leaves - such is the stuff of short-selling.

Bankruptocracy is as much a European predicament as it is an American 'invention.' The difference between the experience of the two continents is that at least Americans did not have to labour under the enormous design faults of the eurozone.

People who fail to accumulate money, without exception, have the habit of reaching decisions, if at all, very slowly, and of changing these decisions quickly and often.

Generally speaking, companies get into bankruptcy as a kind of meritocracy. Somebody made some sort of big mistake, to get into bankruptcy, and very often, a part of the mistake is too much leverage.

The beauty of a financial institution is that there are a lot of ways to go to hell in a bucket. You can push credit too far, do a dumb acquisition, leverage yourself excessively - it's not just derivatives [that can bring about your downfall].

The simple reason that most people fail financially is not because of the lack of a plan, it’s not because of good advice, it’s not even because of a lack of capital. It is for one reason—they attach more pain to the idea of having money, than NOT having it.

On any measure, Spain's bank rescue has been a disaster. A hundred million euros have been added to the national debt, ten-year bonds are at a record high and the country's credit rating has been downgraded three notches.