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Trump Entertainment Resorts declared Chapter 11 bankruptcy. Or as Donald Trump describes Chapter 11, "Back-to-back number ones!"
Sep 10, 2025
Bankruptcy and repudiation are the springboards from which much of our civilization vaults and turns its somersets, but the savagestands on the unelastic plank of famine.
Drink has shed more blood, hung more crepe, sold more homes, plunged more people into bankruptcy, armed more villains, slain more children, snapped more wedding rings, defiled more innocence, blinded more eyes, dethroned more reason, wrecked more manhood, dishonored more womanhood, broken more hearts, blasted more lives, driven more to suicide and dug more graves than any other evil that has cursed the world.
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.
Trump has a pretty remarkable ability, going back to when he was in business, to reframe defeats as wins. So he had four business bankruptcies and he found a way to say that those are actually wins for him.
Sometimes those who bloom too early fade fast. Michael Kors struggled for years - and endured bankruptcy - before he became all rich and famous and fabulous.
The path we're on has taken the USA to the brink of bankruptcy.
A great love is a credit opened in favor of a power so consuming that the moment of bankruptcy must inevitably occur.
Private property works like circuitry in electronics, or piping in hydraulics. It conveys wages to the owners of labor power, as well as the various forms of nonwage property income to the owners of capital. In itself, it is no more responsible for maldistribution of purchasing power than the science of bookkeeping is responsible for bankruptcy.
Bankruptcy is a serious decision that people have to make.
His lack of education is more than compensated for by his keenly developed moral bankruptcy.
Capitalism without bankruptcy is like Christianity without hell.
Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
When we finally have this recall election in October, there could be as many as 200 people on the ballot. And you know what's really scary? Most of them don't know the first thing about driving a state into bankruptcy. They're not experts like Governor Gray Davis.
A bankruptcy judge can fix your balance sheet, but he cannot fix your company.
The government cannot become a bailout organization for companies on the verge of bankruptcy.
I don't care if New York avoided bankruptcy by substituting tourism for the garment business.
The presently existing global financial and monetary system will disintegrate during the near term. The collapse might occur this spring, or summer, or next autumn; it could come next year; it will almost certainly occur during President William Clinton's first term in office; it will occur soon. That collapse into disintegration is inevitable, because it could not be stopped now by anything but the politically improbable decision by leading governments to put the relevant financial and monetary institutions into bankruptcy reorganization.
If you're filing bankruptcy, you will likely want to hire an attorney. But for debt settlement, a company is sufficient, or as I said, you can often do the legwork on your own.
A normal way that the American free market system has worked is that we have a process of unwinding. It's called bankruptcy. It doesn't mean, necessarily, that the industry is eclipsed or that it's gone. Often times, the phoenix rises out of the ashes.
War is a bankruptcy of policy
The moral and constitutional obligations of our representatives in Washington are to protect our liberty, not coddle the world, precipitating no-win wars, while bringing bankruptcy and economic turmoil to our people.
Why are you afraid? This is where you get it out of your system: bankruptcy, unfulfilled potential, trashing your reputation, losing it all. And then (because we just can't stop there), you're going to apply some simple analysis to it.You may have nothing to fear after all.
If there were such a thing as Chapter 11 for politicians, the Republican push to extend the unaffordable Bush tax cuts would amount to a bankruptcy filing.
We [Americans] inherited British law, which is like the new "reforms" that are being made now, in the sense that people are permanently entrapped in debt, if they once fall into bankruptcy. The reason that the law was changed in American history - the whole early period of the formation of the country was moving away from British law into a law that is generated here and that conforms to the sense of what is appropriate here.
The trial of Enron chiefs Jeffrey Skilling and Ken Lay began four-and-a-half years after perpetrating -- allegedly -- the fraud that led to the second largest bankruptcy in American history. Why four-and-a-half years? Because apparently it's harder to bring Ken Lay to trial than it is to invade two countries.
If we don't change, millions of American families are just one medical emergency, or one layoff, away from financial disaster and bankruptcy.
In business, poor performance leads to bankruptcy or, at a minimum, a restructuring of the company. In American education, failure entitles the bankrupt system to even more taxpayer dollars.
The Original Sin which brought us to the brink of bankruptcy and dictatorship was the Federal Income Tax Amendment and its illegitimate child, Federal Aid.
Together with a team of financial and legal experts I have spent months exploring all possible alternatives to bankruptcy but to no avail.
What most Americans don't realize is there is an unholy alliance. They come together. There's a secret handshake. We spend more money on everything. And we are not stronger nation if we go further into debt. We are not projecting power from bankruptcy court.
To avoid a future of war, crime, and bankruptcy, the individual must begin to plan his own destiny, and the best source for the necessary information comes down to us through the writings of the ancients. The greatest knowledge of all time should be available ... in a book that would be a monument, not merely a coffin.
The Stock Market was down today. Two major businesses declared bankruptcy, consumer spending is at an all time low - in other words, Bush is back on the job.
With money come the tests. My bankruptcy, which at the time I thought was a disaster, turned out to be a major blessing. It taught me so much! Money is not only an isolator, but it's a magnet, too. It draws all kinds of people to you - you may not want them but it draws them to you anyway. The reverse of that, a bankruptcy, sends everybody away.
Bankruptcy as a solution in kind of un-American.
With the 2001 terror attacks, airline bankruptcies, pension terminations, loss of pay, changes in work rules — we're all working harder and longer than we used to.
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.
In the court of the movie Owner, none criticized, none doubted. And none dared speak of art. In the Owner's mind art was a synonym for bankruptcy. The movie Owners are the only troupe in the history of entertainment that has never been seduced by the adventure of the entertainment world.
A woman's whole life is a history of the affections. The heart is her world: it is there her ambition strives for empire; it is there her avarice seeks for hidden treasures. She sends forth her sympathies on adventure; she embarks her whole soul on the traffic of affection; and if shipwrecked, her case is hopeless — for it is a bankruptcy of the heart.
The ABCs of legalized gambling - addictions, bankruptcies and crime
Bankruptcies and addictions increase in areas with casinos
Once you get to your forties or fifties in this society, very few people haven't had at least one body blow - financial, bankruptcy, divorce, relationship disaster, addiction, trouble with a child, trouble with a parent. Most people take some blow.
When Hume and Adam Smith prophesied that a little increase of national debt beyond the then amount of it, would probably occasion bankruptcy; the main cause of their error was the natural one, of not being able to see the vast increase of productive power to which the nation would subsequently obtain.
All economic activity is dependent upon that environment and its underlying resource base of forests, water, air, soil, and minerals. When the environment is finally forced to file for bankruptcy because its resource base has been polluted, degraded, dissipated, and irretrievably compromised, the economy goes into bankruptcy with it.
Personal savings accounts to me are one of the most powerful things, not necessarily in saving, solvency, or bankruptcy of the program, but in guaranteeing, the words I used a few minutes ago, a safe and secure retirement for our seniors.
It wasn't government that gave us nearly 50 million uninsured Americans and denials for pre-existing conditions. It wasn't government that gave us the yearly and lifetime caps on insurance coverage that have sent so many people into bankruptcy when they've faced a serious illness or accident... It wasn't government that gave us a system in which the gap between what we spend and what we get is so enormous. It was the free market.
State ownership! It leads only to absurd and monstrous conclusions; state ownership means state monopoly, concentrated in the hands of one party and its adherents, and that state brings only ruin and bankruptcy to all.
By abstaining from all definite content, whether as formal logic and theory of science or as the legend of Being beyond all beings, philosophy declared its bankruptcy regarding concrete social goals.
On one level, going bust didn't bother me. It was the 80s, and there wasn't the stigma about bankruptcy that you might think. My mates weren't bothered. My dad was in business.. he knew that it happened, too. He loaned me the money to bail me out, and I got a loan from the bank to pay him back.
I would say the 1980s, most importantly, there's been a witnessing of the bankruptcy of the liberal philosophy and the anti-moral and amoral philosophies that were so prevalent in the 1960s and '70s, the rebellion of young people, which brought about the drug epidemic in so many to break down the family. Particularly during this decade, the spiritual rebirth. I'm an evangelical, and I've watched the evangelical church here and around the world preaching Christ, the death, burial, resurrection of the savior, receiving more receptivity everywhere, and that growth.