WE KNOW, WE KNOW
“We understand the environment is competitive and it won’t be easy.”
Ed Mueller, CEO of Qwest, who laid out his strategic plan for the company last week
A HARD LANDING
“We told them that because of the issues with our funding, we had no other choice than to let them go .”
Horst Bergmann, board member for Aviation Technology Group, which let go most of its workforce Monday
WEREN’T BANKING ON HELP
“It’s very disconcerting that we’re getting central-bank interventions for a problem that many were hoping would be a self-contained one.”
Joseph Battipaglia, chief investment officer at Ryan Beck & Co., on efforts by the world’s central banks to revive demand in struggling areas of the credit market
CRASH COMPUTED
“It was just a matter of time before the business blew up because the competition is better capitalized and highly capable.”
Burt P. Flickinger III, managing director of Strategic Resource Group, on CompUSA going out of business
RUNNING FOR COVER
“No questions. Let’s get the (expletive) out of here.”
Sallie Mae chairman Albert Lord, in an apparent aside that could be heard on a conference call with analysts
DETENTION DISSENSION
“What is the benefit for the community?”
Chandra Russo, of the Colorado Immigrant Rights Coalition, which opposes a private company’s plan to expand an immigration detention center in Aurora from 400 to 1,500 beds
