I have made no money. I am as poor now as ever I was in my life - except in hope, which is by no means bankable.
The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War.
A recession is a period in which you tighten your belt. In a depression, you have no belt to tighten. In a panic you have no pants left to hold up.
A recession is when your neighbor loses his job. A depression is when you lose yours.
Nothing stings us so bitterly as the loss of money
People in debt become hopeless and hopeless people don't vote. They always say that that everyone should vote but I think that if the poor in Britain or the United States turned out and voted for people that represented their interests there would be a real democratic revolution.
Panic in Wall Street, brokers feeling melancholy.
Our national finances are in a ruinous state.
Several times we were stranded in strange places without any money and with our credit cards cancelled - trapped in a hotel that we couldn't check out of because we had no money to check out.
The Treasury was suffering under every kind of embarrassment. The demands upon it were great in amount, while the means for satisfying them were comparatively small, precarious in collection and difficult in their application.
I'm short-selling my house. I have more loans than I can sell the house for. The house will not go into foreclosure. It will be a short sale. I can't afford the house as I once could.
If you destroy a firm, you can't pull it out of bankruptcy overnight.
This economy is on life support.
We feel public misfortunes just so far as they affect our private circumstances, and nothing of this nature appeals more directly to us than the loss of money.
While rising delinquencies and foreclosures will continue to weigh heavily on the housing market this year, it will not cripple the U.S.
When you sell in desperation, you always sell cheap.
When you ain’t got no money, you got the blues.
Of all aspects of social misery nothing is so heartbreaking as unemployment.
All the perplexities, confusion and distress in America rise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from downright ignorance of the nature of coin, credit and circulation
O Poverty, thy thousand ills combined Sink not so deep into the generous mind, As the contempt and laughter of mankind.
Poverty is not dishonorable in itself, but only when it comes from idleness, intemperance, extravagance, and folly.
If you were the poor, suffering was your currency.
Starting in late 2007, faced with acute financial market distress, the Federal Reserve created programs to keep credit flowing to households and businesses. The loans extended under those programs helped stabilize the financial system.
I found myself without money, without credit, without army, without experience and knowledge of my own and finally, also without any counsel because each one of them at first wanted to wait and see how things would develop.
In the LBO field there is a buried "covariance" with marketable equities, toward disaster in generally bad business conditions, and competition is now extremely intense.
