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Bankruptcy is
a sacred state, a condition beyond conditions, as
theologians might say, and attempts to investigate it are
necessarily obscene, like spiritualism. One knows only that
he has passed into it and lives beyond us, in a condition
not ours.
-- John Updike
1932-, American Novelist,
Critic
If you don't
have some bad loans you are not in business.
-- Paul Volcker
American Chairman, Federal
Reserve System
The payment of
debts is necessary for social order. The non-payment is
quite equally necessary for social order. For centuries
humanity has oscillated, serenely unaware, between these two
contradictory necessities.
-- Simone Weil
1910-1943, French
Philosopher, Mystic
Modern man
drives a mortgaged car over a bond-financed highway on
credit-card gas.
-- Earl Wilson
1907-, American newspaper
columnist
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