Avoided Quote by Felix Rohatyn

The story of Detroit's bankruptcy was simple enough: Allow capitalism to grow the city, campaign against income inequality, tax the job creators until they…

— Ben Shapiro

The assumption that Washington could and would resolve Lehman Brothers without a bankruptcy, as it had Bear Stearns, was the single biggest mistake in…

— David Malpass

Saving New York City from bankruptcy is like making love to a gorilla. You don't stop when you're tired; you stop when he's tired.

— Felix Rohatyn

Not every company went bankrupt. Not every bank needed TARP [Troubled Asset Relief Program]. So I'm very proud that JPMorgan, throughout that time period,…

— Jamie Dimon

“The panic was blamed on many factors—tight money, Roosevelt’s Gridiron Club speech attacking the “malefactors of great wealth,” and excessive speculation in copper, mining,…

— Ron Chernow

“As far as they were concerned, if the U.S. government did not extinguish its debt, there would always be public creditors. Those creditors, who…

— Kevin R.C. Gutzman

The problem with the bank managers was not that they were malevolent but that they were mediocre.

— Christopher Caldwell

I don't care if New York avoided bankruptcy by substituting tourism for the garment business.

— Fran Lebowitz

We faced a crisis caused by the Federal Reserve, the corporate tax system, Fannie Mae and Freddie Mac, and the Community Reinvestment Act. But…

— David Boaz

In the 1970s, New York City defaulted on its debt, and yes, the consequences were painful. Enrollment plummeted at City University campuses, which until…

— Charles Duhigg

“The great artists of finance like Morgan and Rockefeller weren't deflected. They wanted and got money, just simple money. What they did with it…

— John Steinbeck

However, the economics of our business continued to deteriorate. We barely escaped bankruptcy a year ago, and in the aftermath of that escape we…

— Gerard Arpey