#bankruptcy

When I became CEO of Xerox 10 years ago, the company's situation was dire. Debt was mounting, the stock sinking and bankers were calling. People urged me to declare bankruptcy, but I felt personally responsible for tens of thousands of employees. ↗

— Anne M. Mulcahy

#bankers #bankruptcy #became #calling #ceo

We are confronting a situation in which the Administration, in my view, is once again manufacturing a crisis. There is no crisis in the Social Security system. The system is not on the verge of bankruptcy. ↗

— Paul Sarbanes

#again #bankruptcy #confronting #crisis #manufacturing

The unions and the auto companies have been unable to put a deal together that fundamentally restructures the industry. It needs to get done. The only way it's really going to get done is in bankruptcy court. They should have done it six months ago they should do it now. ↗

— Tim Pawlenty

#auto #bankruptcy #been #companies #court

Al Gore may think Medicare is at a crossroads, but his plan puts it on a highway to bankruptcy. ↗

— Dan Bartlett

#al gore #bankruptcy #crossroads #gore #highway

His lack of education is more than compensated for by his keenly developed moral bankruptcy. ↗

— Woody Allen

#compensated #developed #education #his #keenly

Ward Churchill might be more valuable to the opponents of the academic left employed than unemployed. Above all, he can serve as a living window into the intellectual, moral, and political bankruptcy of the left. ↗

— Mort Kondracke

#academic #bankruptcy #churchill #employed #intellectual

We added Medicare Part D to a system facing bankruptcy and gave no thought to means testing it. ↗

— Bob Inglis

#bankruptcy #facing #gave #means #medicare

Medical debts are the number-one cause of bankruptcy in America. ↗

— Barbara Ehrenreich

#bankruptcy #cause #debts #medical

Five thousand people every day lose their home because of a medical bankruptcy. Most of them had insurance. ↗

— Debbie Stabenow

#because #day #every #every day #five

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. ↗

— William Bennett

#bad #bankruptcy #declare #educate #educational