?The days of leading companies or countries via a one-way conversation are over. The old system of ?command and control? ? using carrots and sticks –to exert power over people is fast being replaced by ?connect and collaborate?,? said author Dov Siedman.
?If You?ve lived long enough on Wall Street, you know that we shoot our wounded and eat our young,? said Brad Hintz, an analyst with Sandford Bernstein.
?At some point in 2012, knuckles are going to be turning white, and we?ll see whatever rabbits Ben Bernanke is going to have to pull out of his hat,” said David Rosenberg of Gluskin, Sheff in Associates
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 Hot, Flat and Crowded.
?To get rich is glorious!? said Deng Xiaoping, the Chinese general who launched the country?s modern economy in the seventies.
?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.
?Wow! So Goldman Sachs thinks this 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
?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.
?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.
?Isn?t it funny when you walk into an investment firm, and you see all of the financial advisors watching CNBC?that gives me the same feeling of confidence I would have if I walked into the Mayo Clinic or Sloan Kettering and all of the doctors were watching the TV soap opera General Hospital,? said a bond manager friend.