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January 4, 2013 – Quote of the Day

Quote of the Day “If You’ve lived long enough on Wall Street, you know that we shoot out wounded and eat our young,” said Brad Hintz, an analyst with Sandford Bernstein.

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January 2, 2013 — Quote of the Day

We have been pretending that we’re too big to fail. We’re not too big to fail, You can jump off of a 90 story building and feel fine for the first 89 stories. It’s the sudden stop at the end that tells you you’re not.” said Tom Friedman, New York Times columnist and author of […]

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December 31, 2012 — Quote of the Day

 “To get rich is glorious!” said Deng Xiaoping, the Chinese general who launched the country’s modern economy in the seventies.

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December 28, 2012 — Quote of the Day

  “Wow! So Goldman Sachs thinks this the Tablet is going to sell. I have the perfect Tablet. It is made out of steel and is powered by coal,” said Zachary Karabell, President of River Twice Research

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December 26, 2012 — Quote of the Day

“Unless developed economies learn to compete the old fashioned way – by making more goods and making them better, the smart money will continue to move offshore to Asia, Brazil, and other developing economies both in the asset and the currency space. The United States, in short, needs to make things, and not paper,” said […]

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December 26, 2012 — Quote of the Day

“It amazes me how quickly amnesia sets in,” said Stephen Crawford, former co-president of Morgan Stanley, about the willingness of hedge funds to re-leverage positions in these conditions.  

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December 25, 2012 — Quote of the Day

“This isn’t a choice between vanilla and chocolate folks, it’s all rocky road: a few marshmallows to get you excited before the elections, but with a lot of nuts to ruin the aftermath,” said the ever insightful, Bill Gross, at PIMCO.  

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December 24, 2012 — Quote of the Day

“Those near 10% annualized yields in stocks and bonds are a thing of the past,” said Bill Gross, the managing direct and co-chief investment officer of the Newport Beach, CA based bond giant, PIMCO.

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December 20, 2012 — Quote of the Day

“For over a thousand years Roman conquerors returning from the wars enjoyed the honor of triumph, a tumultuous parade. In the procession came trumpeters, musicians and strange animals from conquered territories, together with carts laden with treasure and captured armaments. The conquerors rode in a triumphal chariot, the dazed prisoners walking in chains before him. […]

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December 19, 2012 — Quote of the Day

“The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries,” said the late British prime minister, Winston Churchill.  

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December 18, 2012 — Quote of the Day

“Sell a vision that’s positive for America, not a negative vision about what’s wrong with America. I think you have to have both, but we didn’t sell a positive vision,” said Oklahoma senator, Paul Coburn.

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December 17, 2012 — Quote of the Day

“The Fed is not as big a player as people think,” said former Federal Reserve Chairman, Alan Greenspan.

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December 14, 2012 — Quote of the Day

“There have been plenty of great reasons to short things this year, but zero interest rates trump all that,” said hedge fund manager Bill Fleckenstein.  

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December 12, 2012 — Quote of the Day

“You appeal to their dreams and their hopes. The republicans sometimes appeal to a sense of guilt and shame,” said former Arkansas governor, Mike Huckabee.

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December 12, 2012 — Quote of the Day

“As long as the Europeans are reactive instead of proactive, we are going to see a slow motion wreck in Europe,” said Mohamed El-Erian, CEO of the bond giant, Pimco.

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