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I don't think a bankruptcy is a good thing.
-Henry Paulson
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I Don't Think A Bankruptcy Is A

Henry Paulson
I don't think a bankruptcy is a good thing.
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Thinking Good Things Bankruptcy

More From Henry Paulson

In 1997, the national bankruptcy review commission recommended that chapter 12 of the federal bankruptcy code, the chapter that contains bankruptcy protection for family farmers, be made permanent.
Protection Chapters Made
Apple was very close to bankruptcy and to irrelevance [but] you learn a lot about life through death, and i learnt a lot about vital corporations by experiencing a non-vital corporation. you would have thought that, when what stands between you and bankruptcy is some money, your focus would be on making some money, but that was not [steve jobs’] preoccupation. his observation was that the products weren’t good enough and his resolve was, we need to make better products. that stood in stark contrast to the previous attempts to turn the company around.
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Disappointment is a sort of bankruptcy - the bankruptcy of a soul that expends too much in hope and expectation.
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There's a danger our fiscal bankruptcy might overtake our moral bankruptcy.
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Even if you were to fall into extreme financial hardship and file for bankruptcy, you need to understand that your student loan debt will not be discharged in bankruptcy. it is the velcro of all debts.
Fall Financial Hardship Velcro
If you hear a good idea, capture it; write it down. don't trust your memory. then on a cold wintry evening, go back through your journal, the ideas that changed your life, the ideas that saved your marriage, the ideas that bailed you out of bankruptcy, the ideas that helped you become successful, the ideas that made you millions. what a good review-going back over the collection of ideas that you gathered over the years. so be a collector of good ideas for your business, for your relationships, for your future.
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Believe in yourself, not only in swimming, but in life itself. you always have to have fun. you have to have an open mind. if you're not enjoying it, don't do it. life's too short.
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The way to make better decisions is to make more of them. then make sure you learn from each one, including those that don't seem to work out in the short term: they will provide valuable distinctions to make better evaluations and therefore decisions in the future. realize that decision making, like any skill you focus on improving, gets better the more often you do it.
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Whatever you want to do, do it now. there are only so many tomorrows.
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Hope is brightest when it dawns from fears.
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