Financial Recovery Quotes

Lending has come back in retail; it has come back in working capital. It has also come back in other forms, like government contract being given out to companies.

I was so deep in red ink coming out of ECW that I had to make a good solid living just to get my nose above the water line because of ECW.

If we don't get this economy going, the numbers that represent this stimulus package are going to be small compared to the loss of revenue to the federal government for our economy.

Actions aimed at supporting deleveraging and balance-sheet repair - such as recognizing losses, writing down assets, and recapitalizing banks - carry longer-term benefits but short-term costs.

It's better to have the taxpayer pay for the losses than have the United States of America become an economic wasteland. If the financial system collapses, it's really, really hard to put it back together again.

While Safeco's turnaround is one of the greatest things I have ever participated in, the heart-wrenching decisions to let people go will stay with me forever.

Everything that I've gone through since the end of 2010, from me finding out about my financial adviser stealing, mismanaging my money - that affected everything, from child support, mortgages, to me having to sell my properties, me being in and out of court trying to modify my child support. It's a lot to deal with at one time.

The Latin American debt that reached crisis levels from 1982 would have been sharply reduced by return of flight capital - in some cases, overcome, though all figures are dubious for these secret and often illegal operations.

A clear lesson of history is that a 'sine qua non' for sustained economic recovery following a financial crisis is a thoroughgoing repair of the financial system.

You can lose money and make it back, you can't do that with time.

In the early 1980s, I got into a war with my management - they just kept on suing me and I lost everything. So I had to go out on tour to make sure the electricity stayed on.

The quicker you resolve the problems with banks and there's transparency in that process, the faster they recapitalize and are able to make investments.

First I was rich, then I was poor, now I am rich, again and I want to stay that way.

I'll go back and take what the people owe me.

I believed that writing my story was my best shot to be able to pay my mom and my attorneys back and pull myself out of this massive crisis that I had put myself in.

You look at what happened with Chrysler, it went through that bankruptcy, and it's re-emerged in a much different fashion, privately held in some of those things, and it's really putting out a great product.

Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke. So the savings and loans went broke, the government stepped in, paid off depositors, and now they're left with this mass of assets to sell. We're not talking about selling here, we're talking about buying intelligently. They were selling what they got handed to them by a bunch of savings and loan operators that had in many cases had done some very dumb thing. But their job was to liquidate it. And they liquidated.

We've gotten tremendous support. Everybody now understands how critical it is to help small businesses get out of this recession and into recovery.

Remonetisation has happened at a fast pace, and that was part of the plan that, subsequent to the withdrawal of the specified bank notes, our production plans and supply processes would ensure that the remonetisation happened as quickly as possible.

Our economy isn't going to recover until the housing market finds its footing.

We really must recover our financial performance and take Nintendo back into the position in the marketplace where it is well appreciated.

Nobody likes being broke. As somebody who's had to live out of a 1982 Datsun, trust me. I know. I also understand that the first step to improve your situation is to fix the problem that landed you there in the first place.

Never again will NAACP find itself near financial ruin.

To restore confidence in our markets and our financial institutions so they can fuel continued growth and prosperity, we must address the underlying problem. The federal government must implement a program to remove these illiquid assets that are weighing down our financial institutions and threatening our economy.

Liberty never had to file bankruptcy, thanks to God's blessings, but we did go through tough times and painful debt restructuring in the 1990s.