A Quote by Anne M. Mulcahy
When I became CEO of Xerox 10 years ago, the company's situation was dire. Debt was mounting, the stock sinking and bankers were calling. People urged me to declare bankruptcy, but I felt personally responsible for tens of thousands of employees.
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By the time I stepped down as Xerox's CEO in 2009 - and as chairman in January 2010 - Xerox had become the vibrant, profitable and revitalized company that it still is today. What made the difference was a strong turnaround plan, dedicated people and a firm commitment from company leaders.
Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It's a trap for the rest of your life because the laws are designed so that you can't get out of it. If a business, say, gets in too much debt, it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy.
Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It’s a trap for the rest of your life because the laws are designed so that you can’t get out of it. If a business, say, gets in too much debt it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy.
Our company wouldn't exist and wouldn't be around without our warehouse employees and our call center employees. And these employees - not just at Rent the Runway but at tens of thousands of other companies throughout the country - are treated unequally.
The near side of a galaxy is tens of thousands of light-years closer to us than the far side; thus we see the front as it was tens of thousands of years before the back. But typical events in galactic dynamics occupy tens of millions of years, so the error in thinking of an image of a galaxy as frozen in one moment of time is small.
There is no progress whatever. Everything is just the same as it was thousands, and tens of thousands, of years ago. The outward form changes. The essence does not change.
The dearth of business activity on the traditional day of rest makes Sunday an ideal time to declare insolvency. Bankruptcy petitions are time-stamped to the minute, instantly dividing a failed company's dealings into pre-bankruptcy transactions and post-bankruptcy transactions.
Even if you feel like your debt is just never going to go away, think long and hard before declaring bankruptcy. Declaring bankruptcy means that getting a loan for anything will be next to impossible for the next 10 years.
I have been urged by the earnest pleas of thousands of people to enter this race. Therefore, I hereby declare my candidacy for Mayor of Chicago.
SpaceX is only 12 years old now. Between now and 2040, the company's lifespan will have tripled. If we have linear improvement in technology, as opposed to logarithmic, then we should have a significant base on Mars, perhaps with thousands or tens of thousands of people.
But I can tell you what I believe: When tens of thousands of innocent souls have perished in Darfur-when 11 million children are without health insurance-when our colossal debt subjects our economic future to the whims of Asian bankers-no one can tell me that faith demands this Senate spend its time arguing over a handful of judges. No one with those priorities can use my faith to intimidate me.
Utilities used deregulation to effect a series of mergers limiting competition. In order to accelerate profits, cost cutting ensued, involving the layoff of thousands of utility company employees, including some who were responsible for maintenance of generation, transmission, and distribution systems. A number of investor-owned utilities stopped investing in the maintenance and repair of their own equipment, and, instead, cut costs to enhance the value of their stock rather than spending money to enhance the value of their service.
I was brought in by the White House as GM's chairman in 2009, around the time of the bankruptcy, and became CEO later that year. As a company, we were grateful for the government's support. But as GM's financial health began to improve, I could detect no real sense of urgency, or even interest, on the part of the government to relinquish control.
There is a greater fatigue concerning the African problem today than five or 10 years ago. The situation now in Africa is worse today than it was 10 years ago.
I felt that the world, and in particular this country, were going in circles. What had happened 40 or 50 years ago was happening again, but even in a worse form - that we were sinking into a lot of ignorance and a lot of superficial change.
In Tanzania, the chimps are isolated in a very tiny patch of forest. I flew over it 13 years ago and realized that, basically, all the trees had gone, that people all around the park are struggling to survive. It became very clear that there was no way to protect the chimps while the people were in this dire circumstance.
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