Quotes of All Topics . Occasions . Authors
Creditors have better memories than debtors.
In a world awash in debt, power shifts to creditors.
Creditors are a superstitious sect, great observers of set days and times.
Africa is poor because its investors and its creditors are unspeakably rich.
Not everyone is a debtor who wishes to be; not everyone who wishes makes creditors.
Every debt is ultimately paid, if not by the debtor, then eventually by the creditor.
Procrastinatio n and indulgence are nothing more than creditors who charge us interest.
We owe the government taxes. We owe our creditors interest. What do these powers owe us?
You really don't need to hire a debt settlement company to negotiate with your creditors.
In America, surveillance has always played an outsized role in the relationship between creditors and debtors.
When debtors once have borrowed all we have to lend, they are very apt to grow shy of their creditors' company.
No one will lend at a negative interest rate; potential creditors will simply choose to hold cash, which pays zero nominal interest.
Oh, life would be all right if we didn't have to put up with these damned creditors who keep pestering us with the demands of their ideals.
Massive debts owed to foreign creditors weaken our global influence and threaten high inflation and steep tax increases for our children and grandchildren.
Garnishments tend to happen when people hide from their debts and stop making even minimum payments. Eventually, creditors sell the debt to a collection agency.
We prefer an orderly resolution to the debt crisis and we're moving in that direction. But the most important thing is that the deal we reach with creditors is sustainable.
Much of what Germany and France have done in the rescue of Greece has also helped German and French banks, who for a long time were major creditors for Greece and Greek banks.
Substantive and procedural law benefits and protects landlords over tenants, creditors over debtors, lenders over borrowers, and the poor are seldom among the favored parties.
Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries.
We only have a Plan A. The acceptance and full implementation of the existing plan, the so-called Plan A, is the best solution for Greece, for the euro zone and also for creditors and holders.
I never heard of an old man forgetting where he had buried his money! Old people remember what interests them: the dates fixed for their lawsuits, and the names of their debtors and creditors.
The stomach begs and clamors, and listens to no precepts. And yet it is not an obdurate creditor; for it is dismissed with small payment if you give it only what you owe, and not as much as you can.
Imagine how much capital a country like Argentina might attract - if instead of defaulting seriatim and affecting a pose of anger toward creditors, it borrowed responsibly and honored its obligations.
What the banking system needs is creditors who monitor risk and cut their exposure when that risk is too high. Unlike regulators, creditors and counterparties know the details of a deal and have their own money on the line.
When our family business separation was implemented, as the eldest member of the family, I had taken the entire burden of the debts. I believe, it was my mistake to have told myself that, 'Subhash, you can earn and repay the creditors.'
Indiana taxpayers, retired Hoosier state policemen and teachers are neither greedy speculators nor unpatriotic. They are, however, secured creditors of Chrysler. They deserve to have their funds protected under the full auspices of the law.
Some have been ensnared in the net of excessive debt. The net of interest holds them fast, requiring them to sell their time and energies to meet the demands of creditors. They surrender their freedom, becoming slaves to their own extravagance.
Following its recognition as a state in 1832, Greece spent most of the remainder of the 19th century under the control of creditors. The pattern started with a default in 1832. In consequence, Greece's finances were put under French administration.
Until 1869, when they were banned, debtors' prisons were the great incinerators of British reputations. Those who were unable to pay their bills were jailed until their creditors were paid - an unlikely event, given that the prisoner was unable to work.
Every American born today owes $43,000 to the federal government the day she or he is born. And we are transferring a tremendous amount of debt to the new generation, much of it owed to overseas creditors who expect to be repaid by our children with interest.
Greece will not manage to get back on its feet without restructuring its debt. There is no way around it. The country's creditors will have to reduce a portion of its debts by extending maturity dates, lowering interest rates or giving them what's called a 'haircut' in financial jargon.
Yes, it is long past time we get serious about tackling the nation's ever-growing deficits. But the average American family drawn into serious debt cannot just threaten to stiff its creditors. It must cut its spending in the future, but also take responsibility for the debt incurred in the past.
We borrow 40 cents out of every dollar that we spend. We borrow most of it from countries like China. They have become major creditors of the United States and have more power over our economy than we want them to. So dealing with this is not only the right thing economically, it's certainly right from a moral viewpoint.
In truth, it's not the shareholders of the American International Group who benefited most from its bailout; they were mostly wiped out. The great beneficiaries have been the creditors and counterparties at the other end of A.I.G.'s derivatives deals - firms like Goldman Sachs, Merrill Lynch, Deutsche Bank, Societe Generale, Barclays and UBS.