Quotations about:
    bankruptcy


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The rich man’s son inherits cares;
The bank may break, the factory burn,
A breath may burst his bubble shares,
And soft, white hands could hardly earn
A living that would serve his turn;
A heritage, it seems to me,
One would not care to hold in fee.

James Russell Lowell (1819-1891) American diplomat, essayist, poet
Poem (1843-12), “The Heritage,” st. 2, The Knickerbocker, Vol. 22., No. 6
    (Source)

In later collections, the last line reads, "One scarce would wish to hold in fee."
 
Added on 5-Feb-25 | Last updated 5-Feb-25
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“How did you go bankrupt?” Bill asked.

“Two ways,” Mike said. “Gradually and then suddenly.”

Ernest Hemingway (1899-1961) American writer
The Sun Also Rises, ch. 13 (1926)
    (Source)
 
Added on 8-Mar-22 | Last updated 8-Mar-22
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“Come on, now. Home we go and a nice cuppa,” said Mr. Butler, who was convinced that tea was the cure for most female ills, from miscarriage to bankruptcy.

Kerry Greenwood (b. 1954) Australian author and lawyer
The Green Mill Murder (1993)
 
Added on 2-Nov-17 | Last updated 2-Nov-17
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Markets can remain irrational a lot longer than you and I can remain solvent.

John Maynard Keynes (1883-1946) English economist
(Attributed)

Generally credited to Keynes, but the earliest reference found is by financial analyst A. Gary Shilling, "Scoreboard," Forbes (15 Feb 1993). More discussion here.

Sometimes given as "Markets can remain irrational longer than you can remain solvent" or "Markets can stay irrational longer than you can stay solvent."
 
Added on 11-Apr-17 | Last updated 11-Apr-17
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To be broke is not a disgrace, it is only a catastrophe.

Rex Stout (1886-1975) American writer
The League of Frightened Men, ch. 7 [Wolfe] (1935)
    (Source)
 
Added on 11-Jan-10 | Last updated 24-Sep-21
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