Getting your player ready...
Not alone in making bad loans
“Relatively lax lending standards were by no means limited to subprime lenders, and problems could easily spread to the broader banking sector.”
Octavio Marenzi, Boston-based financial consultant, about the failure of New Century Financial Corp., once the nation’s second-largest provider of home loans to high-risk borrowers.
The only constant is change
“You gotta go with the flow. What else are you going to do?”
Amy Welle, a five-year employee of First Data Corp., after First Data accepted a buyout offer from private-equity firm Kohlberg Kravis Roberts & Co.
Price of milk a cereal killer
“It’s ridiculous to pay $3.50 for a gallon of milk. I feel bad for people with kids.”
Nate Rinfret, Denver bartender, about the rising cost of milk, which has caused him to stop eating cereal.
