There's a great academic paper that found that companies owned by private equity are 10 times as likely to enter bankruptcy proceedings as other kinds of companies.I think if this were any other kind of business model, we would just look at that and say, "Okay, that model does not work."
what a mistake that was." So now they're saying, "Let's do that to the Reds." Okay, we'll bog them down, bleed them to bankruptcy , and force them out the hard way and and hurt them in doing that. So that's what they were trying to do. Thatwas the wisdom behind the operation in the first place. And now if you go click back one to Brazinski, you'll see where
And she said to me, Adam, that sounds great but student debt is the only debt in the United States that you cannot declare bankruptcy on. And I remember-- you know, I have a financial background, started my career at Bain, been working at hedge fundssince I was like 16.
So anyway, I hear this story about one of the most amazing engineering projects of the last century that became the biggest bankruptcy in American history.It was the year before Enron.
dealers again was through bankruptcy the problem with bankruptcy was that traditionally when a company goes into bankruptcy it could stay there for a year or more and many companies have gone through bankruptcy successfully butwe could not find a single example of a company that had gone through bankr rupy that sold a product like a car and what
You know, there are some famous examples of horders whose homes got so filled with crap that they actually died from it. There's a famous brother -- the Collyer brothers bankruptcy . So, I'd rather see the government spend -- you know, I think the answer to our current problems is not to tell ordinary people to go out and
should do let's go to the instead of salburg and Mur let's go to the zels because he has a company in bankruptcy say it's truly too late for him yeah well um but he may be crazy enough to do to do some interestingthings whether he's Visionary enough I don't know but take the LA Times um last year the editor of the LA Times Russ
Dubai is not an easy place. The bankruptcy laws are not particularly friendly for people starting off.
And yet the system was so fragile it couldn't withstand that. A bankruptcy of one institution like Lehman Brothers just sent this whole thing to implosion. Well, what are we going to do about it?
And that's what happened with Lehman. This bankruptcy -- 80 different bankruptcy processes or more started over the world. And it took years, it's still barely done since then.
Yet, to be efficient, to focus, to develop those strengths and work with people who are strong in areas where we are not. The bankruptcy slowed our clock.
That's actually not the problem-solving algorithm at work. Well bankruptcy is a pretty good one.
a bribe, ah, in order to get a clean tax bill. And Marko refused to pay the bribe and as a result this guy basically hounded his hounded him out of business, drove his printing business into bankruptcy . And this was early in the days of blogging and he decided to start a blog called Pollitika, which is sort of like the Daily Kos. Uh, is it's one of these sites where you have uh anybody can create an account and um participate, not just the blogger who started it, and it's evolved into the leading political blog in Croatia, a country of about
was sure that if disaster ensued All Eyes would be on me in particular I worried about the much discussed Prospect of putting the automakers into controlled bankruptcy a radical approach that defied conventional wisdom while the president's speech the next day would leave open the possibility that bankruptcies might be avoided I knew that the mere mention of it let alone
Now we have more sophisticated technology that's way faster and it allows us to work in these easier to use ways. That's a bankruptcy declaration for any body of bureaucrats who pretend or pretend to make things better for not just citizens,
It can look like failed relationships. It can look like bankruptcy , career change at 50 or-- everybody can deal with that. And so that is in my strategic-- because my comeback was not just like, oh, I'm going to wake up and message Robin
When you take a wealthy city and you spread it out over a huge area, denuding the tax base, while driving up the cost of providing service, you get the bankruptcy of Detroit. Like all bankruptcies, it happens gradually, then all at once.
And he actually filed bankruptcy .
So it went into bankruptcy .
of the bankruptcy . I was writing the book because it was a story I felt I'd always known I wanted to write.
Almost every single bankruptcy -- not almost every, every single bankruptcy -- is a company that's run out of the will or the resources to play.
When Detroit announced bankruptcy , a few days later, we ran this in the "New York Times." "To those who have written off Detroit,
The chief cause of bankruptcy was a series of mistakes made by its founder.
soon sailed into bankruptcy .
In case of bankruptcy , it may have certain preferences.
We had just declared bankruptcy .
One of them is about the failure. So the bankruptcy doesn't work, let's find a better way to fail them. So if they can't pay their debts, they'll fail like other people.
Like there's no bankruptcy law, so you literally could go to jail for not doing what you've done.
with the bankruptcy being illegal in some areas comment.
And after the bankruptcy in 2004, Polaroid gave the whole heap to Harvard Business School's library.
Yet, to be efficient, to focus, to develop those strengths and work with people who are strong in areas where we are not. This retailer was filing bankruptcy .
Yet, to be efficient, to focus, to develop those strengths and work with people who are strong in areas where we are not. Before the bankruptcy , our internal plan was to move to the independent channel of distribution.
of economic bankruptcy . Everybody remembers when the City of New York turned to the federal government asking for financial aid and President Ford at the time, 1975, said, "I'm not going to give it to you."
Every country has a bankruptcy law but we are distinct.
even in bankruptcy . Even if the school does not provide the education that they promised.
Peer pressure crowds bankruptcy courts with people who did nothing wrong other than want to buy what others already had. The smoker, dying of lung cancer at 75, sixty years after
autos and uh was was in fact eager to come in and tell us what they should thought should be done about the autos and about bankruptcy and about all these really complicated questions and we knew from the beginning that under the terms of the Bush loan agreements the president was going to have to tell the country by March 30th what he intended
restructure these companies financially and from the very first day that I thought about taking this job it was clear to me that bankruptcy had to be a part of the equation and I know this isn't a financial crowd so I'm not going to get into the weeds of bankruptcy if you want to chat about during questions I'm absolutely happy to but to keep it
protected by State Franchise laws you can't just tell a dealer that they've lost their franchise and the only real way to efficiently reduce the number of dealers again was through bankruptcy the problem with bankruptcy was that traditionally when a company goes into bankruptcy it could stay there for a year or more and many companies have gone through bankruptcy successfully but
forward by July of 2009 both companies had been gone into bankruptcy had come out of bankruptcy reconstituted with their uh liabilities and costs substantially reduced with new management and with very importantly new private sector Boards of directors because part of the failure particularly
went into bankruptcy , sold off control of GM--it was then called GMAC, which was its credit arm, the one that went into subprime housing lending and so that's now known as
file for bankruptcy uh what can I do? So the group listened
they they're in bankruptcy now um smart grids I think is another key issue I think we should accelerate the
Chase uh Leman Brothers bankruptcy uh
And I was part of a bankruptcy early in my career.
or when I was looking at bankruptcy in developing my first set of products, realizing they were just not going to work.
And they have a low bankruptcy rate.
So you need a high bankruptcy rate in a system.
in the United States out of bankruptcy .
that he had just declared bankruptcy , and they needed to give him enough of a stipend so that at least he could survive.